Alert – Online Share Accommodation
July 22, 2019 12:00 am Comments Off on Alert – Online Share AccommodationHome-owners should consider the wider taxation implications of renting the family home before taking a short-term benefit.
Author Archives for wybenga_admin
ATO flashes warning over $7.2bn car expenses claims
July 18, 2019 12:00 am Comments Off on ATO flashes warning over $7.2bn car expenses claimsOver $7.2 billion in work-related car expenses claimed last year have placed the popular deduction firmly in the headlights of the ATO this tax time.
Vital statistics for our great nation.
July 14, 2019 12:00 am Comments Off on Vital statistics for our great nation.One great source of data about Australia. Become better acquainted with the country we... View Article
3 out of 4 tax dob-ins are about business
July 11, 2019 12:00 am Comments Off on 3 out of 4 tax dob-ins are about businessThe Tax Office has confirmed that the majority of “tip-offs” it receives about possible tax avoidance are related to business, amid concerns competitors may play dirty by “dobbing in” innocent businesses.
Tax on compensation received for inappropriate advice
July 8, 2019 12:00 am Comments Off on Tax on compensation received for inappropriate adviceAgain, the answer to a tax question is “it all depends”.
‘Extra care’ crucial in avoiding ATO spotlight this tax time
July 5, 2019 12:00 am Comments Off on ‘Extra care’ crucial in avoiding ATO spotlight this tax timeTax agents have been urged to apply “an extra bit of thought and extra care” into handling clients’ claims this tax time as ATO scrutiny mounts.
ATO clears up FAQs about Single Touch Payroll
June 30, 2019 12:00 am Comments Off on ATO clears up FAQs about Single Touch PayrollAhead of the 1 July deadline for small business to be compliant with the new Single Touch Payroll (STP) regime, the ATO and professionals alike have cleared up some common points of confusion about associated AUSkey and myGov requirements.
GST reporting: common errors and how to correct them
June 27, 2019 12:00 am Comments Off on GST reporting: common errors and how to correct themSome businesses are making simple mistakes reporting their GST. Common GST reporting errors are: transposition... View Article
LRBAs, guarantees in need of review after property market falls
June 23, 2019 12:00 am Comments Off on LRBAs, guarantees in need of review after property market fallsWith property markets taking a tumble in recent times, some SMSF clients may need to review the loan arrangements and guarantees they have, particularly where the loan-to-value ratio has significantly dropped, says an industry lawyer.
Victorian Property Valuation Cycle
June 20, 2019 12:00 am Comments Off on Victorian Property Valuation CycleValuations of Victorian properties are now undertaken annually instead of every two years.
