Categories
Latest News
Always Start With The End In Mind
If the business starts burning down, what's your escape plan?
... read moreIt’s Time For Global Sincome Tax
Small Business People have been looked down upon for far too long. They need a chance to stand up against the multinational giants.
... read moreAustralians Pay $107,000 To Tax Scams
The ATO has been made aware of fake tax agents who are conning members of the public and making them believe that they owe debt.
The scam has taken the form of a cold-call, with fraudsters phoning victims and convincing them into giving information about their finances and current tax agent.
... read moreEstate Planning Steps Should You Be Getting Divorced
With 1 in 3 first marriages and 1 in 2 second marriages ending in divorce you just cannot afford to overlook your estate planning. Divorce is not easy and it often forces you to invest significant amounts of time, money and stress. It’s not only a difficult time emotionally with a lot to do and many decisions to make, so it’s no surprise that many people fail to update their estate plan including the impact on business structures.
... read moreUtilising Redraw For Your Investment Property
My client, let’s call her Rachel, is planning on moving into this property for one to two years and renovating it during that time, before moving on to her next property and renting this one out. There are many things to think about when getting a mortgage but I am only going to look at the potential tax effects of different loan structures.
... read moreRBA Leave Cash Rate On Hold
The RBA Board has left the official cash rate on hold for the 26th consecutive month at 1.50 per cent.
... read moreATO Detects Over $53 Million Worth Of Tax Time Errors
The Australian public has lodged nearly six million tax returns already this year, with over $11.9 billion in refunds processed, which is $270 million more compared with the same time period last year.
... read moreEvery Three Year SMSF Audits – A Ludicrous About Face
SMSF Auditors now must: be registered with ASIC; be registered with the ATO; have enormous amounts of regular professional updates; and also be audited by their peak professional bodies, such as the Chartered Accountants ANZ and CPA Australia.
... read more