by Asha Hudson | Oct 3, 2018 | Client Access, Newsletter
July 2018 Annual GST reporting Eligible businesses may elect to report GST annually…. Read More >>> Are you? – A business owner? At a glance: – Eligible businesses may elect to report GST annually. You should: – Check your eligibility...
by Asha Hudson | Oct 2, 2018 | Client Access, Newsletter
August 2018 Tax – Personal Deductions Interest Charged by the ATOInterest Charged by the ATO Interest charged by the ATO can be claimed as a deduction… Read More >>> Are you? – A taxpayer? At a glance: – Interest charged by the ATO can...
by Asha Hudson | Oct 2, 2018 | Client Access, Newsletter
Superannuation – Self Managed Funds Are you? – A high-income individual? At a glance: – Taxpayers may need to pay Division 293 tax if their adjusted income (as defined) and low-tax contributions are greater than $250,000. You should: – Check...
by Asha Hudson | Oct 2, 2018 | Client Access, Newsletter
Debt forgiveness and Capital gains tax Are you? – A taxpayer whose commercial debt has been forgiven? At a glance: – Forgiveness of a commercial debt can give rise to a capital gain.’ You should: – Be aware of the capital gains tax...
by Asha Hudson | Oct 2, 2018 | Client Access, Newsletter
Tax changes for 2018 tax returns Are you? – A taxpayer? At a glance: – The Tax Office has released a summary of key changes to be aware of when taxpayers prepare their 2018 income tax returns. You should: – Be aware of the key changes when preparing...
