News

Can I claim my crypto losses?

The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. Are you eligible to access the 50% Capital Gains Tax (CGT) discount and halve the tax you pay?

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Can I claim my crypto losses?
( Posted in: Tax )

2022 Tax Checklists

We have taken the time to prepare comprehensive Tax Checklists, designed to guide you in providing all the correct and relevant information to maximise your tax return. 

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 2022 Tax Checklists
( Posted in: Tax )

Tax & the family home

Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption.

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Tax & the family home
( Posted in: Property )

What changed on 1 July?

A reminder of what changed on 1 July 2022 for businesses and individuals

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What changed on 1 July?
( Posted in: Tax )

Tax Time Targets

The ATO has flagged four priority areas this tax season where people are making mistakes.

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Tax Time Targets
( Posted in: Tax )

ATO refocus on debt collection

The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a tax debt. That position has now changed!

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 ATO refocus on debt collection
( Posted in: Tax )

14 Tips for Tax Planning 2022

The end of financial year is fast approaching, which means it’s time to start thinking about your tax! We have 14 tax saving tips to help you prepare and manage your Business’ financial accounts throughout the year.

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14 Tips for Tax Planning 2022
( Posted in: Tax )

Trust Planning This Year Needs To Be Done Carefully

In order to prepare your trust for the end of the financial year, there are multiple obligations that you need to fulfil as a trustee. Planning for your trust’s future is just as important as tax planning or business planning, so it’s encouraged that you take an active role.

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Trust Planning This Year Needs To Be Done Carefully
( Posted in: Tax )