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$81.5m payroll tax win for Uber
Uber successfully contested $81.5M payroll tax assessments in NSW, with the court ruling drivers as independent contractors, not employees.
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Property and lifestyle assets in the spotlight
The ATO has increased its focus on property asset owners, including those with expensive lifestyle assets. Investment property income, deductions, and ownership of high-value items like boats and aircraft are now under scrutiny.
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When is a gift not a gift?
The distinction between gift or income is crucial in tax law. This article explores a case where the ATO deemed $1.6m in deposits as taxable income, not gifts or loans.
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There remain five reasons to expect the $A to rise
Expect the AUD to rise as favorable interest rates, undervaluation, and rising commodity prices set the stage for potential currency growth in the coming year.
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Is it worth salary sacrificing into super?
Salary sacrificing into super can be a smart way to enhance retirement savings and reduce taxable income. This article explores the benefits and considerations to determine if it’s worth it for you.
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Mortgage versus super a common dilemma
In the mortgage versus super debate, the right strategy depends on your financial goals. Explore how to weigh the benefits of paying off your mortgage or boosting your super.
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The rise in business bankruptcy
Business bankruptcy rates are climbing in 2024, with industries like construction and food services hit hardest. Understand the warning signs and how to manage your business’s financial health.
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Divorce, you, and your business
Divorce and business often intersect in complex ways. This article delves into the financial implications of divorce for business owners, exploring how family companies, superannuation, and assets are handled during marital dissolution.
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