July 25, 2022
Using your home as the base for your business is becoming increasingly popular, particularly due to COVID-19. According to ATO, if you work from h...
July 18, 2022
If you have been engaged in the activity of buying and selling shares, you will need to determine if you are “investing” or “trading” in shares bef...
July 5, 2022
ATO has recently revealed it will be targeting rental property income and deductions this tax season. One of the most common mistakes made by pr...
June 27, 2022
If you have a family trust structure, you need to consider if it is appropriate to make a family trust election. A family trust election (“FTE”)...
June 20, 2022
If you buy land with an intention of developing it for resale at a profit, you will be considered as carrying out a business and so, may be subject...
June 14, 2022
From 1 July 2022, employers will be required to contribute a superannuation guarantee (SG) at the rate of 10.5% instead of the existing rate of 10%...
June 6, 2022
PSI is income that is mainly a reward for the personal efforts and skills of individuals like finance professionals, medical practitioners, IT cons...
May 23, 2022
Whether you let out a part of your home or use it to operate your business, there could be significant tax implications in the future. If you do...
May 16, 2022
Getting your business structure right from inception is very important. You can have a sole trader, partnership, company, or trust structure. Your ...