Home » E-News » News » Tax

Archive for category: Tax

News

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.

... read more

 Divorce, you, and your business
( Posted in: Tax )

How to Reduce Capital Gains Tax: 5 Strategies for Australians

Learn how to use capital losses, choose the right gains to offset, and time your asset sales strategically. This guide covers everything from basic CGT concepts to advanced tax-saving techniques for investors and small business owners.

... read more

 How to Reduce Capital Gains Tax: 5 Strategies for Australians
( Posted in: Tax )

Sharing Economy Platform Income – ATO’s New Reporting Rules

New ATO rules for sharing economy platforms affect your tax return. Learn how this reporting regime impacts income declaration from Airbnb, Uber, and more.

... read more

 Sharing Economy Platform Income – ATO’s New Reporting Rules
( Posted in: Tax )

What’s ahead for 2024-25? Tax, Wages, and Business Trends

What’s ahead for 2024-25? This article delves into tax changes, wage adjustments, and business trends, helping you navigate the year ahead effectively.

... read more

 What’s ahead for 2024-25? Tax, Wages, and Business Trends
( Posted in: Tax )

Work Clothing Deductions for 2023-24

Find out how to handle work clothes deductions for the 2023-2024 tax year. We’ll show you what you can and can’t claim so you can get the most out of your tax refund with our easy-to-follow guide.

... read more

 Work Clothing Deductions for 2023-24
( Posted in: Tax )

The essential 30 June guide

The essential 30 June guide highlights key opportunities to maximise deductions and outlines risks to avoid ATO scrutiny. Learn how to bring forward deductible expenses, bolster superannuation, make charitable donations, and ensure compliance with tax regulations.

... read more

 The essential 30 June guide
( Posted in: Tax )

ATO fires warning shot on trust distributions

The ATO has issued a warning about trust distributions, urging trustees to review and comply with their trust deeds. Learn the key areas of concern and how to avoid penalties by ensuring your trust distributions are valid and properly managed.

... read more

 ATO fires warning shot on trust distributions
( Posted in: Tax )

What’s changing on 1 July 2024? Major updates & benefits

Explore the significant changes coming on 1 July 2024, including personal tax cuts, superannuation increases, and energy relief credits for households and businesses. Stay informed on how these updates will impact you.

... read more

What’s changing on 1 July 2024? Major updates & benefits
( Posted in: Tax )