News

Changes To CGT Exemption For Inherited Property

When someone inherits a dwelling there are some special rules contained within the main residence exemption provisions that can provide a full exemption if certain conditions are met. If the conditions are not met, the beneficiary might face a nasty capital gains tax (CGT) bill for their good fortune.

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Changes To CGT Exemption For Inherited Property
( Posted in: Property )

What Is The Best Software For Accountants?

I want to give you my honest and fair opinion of what’s out there on the market. Firstly, let’s examine the most popular ones.

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What Is The Best Software For Accountants?
( Posted in: Community )

Oligopolies and Monoliths Thrive Again

The first rule to bring up to international level is easy. Tax the multinational bastards! The second? Bring competition policy up to the international level.

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Oligopolies and Monoliths Thrive Again
( Posted in: Tax )

Offset VS Redraw For Property Investors

It's a tricky decision for many, so our property expert has given some advice on what will be best for you. 

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Offset VS Redraw For Property Investors
( Posted in: Property )

The History of Accounting Software for Small Businesses

Grab yourself a cup of tea or a coffee, folks. The history of accounting software is below.

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The History of Accounting Software for Small Businesses
( Posted in: Community )

Tax Obligations For Car Sharing

The ATO has flagged these car sharing service platforms and believes that, by using their sophisticated data matching systems, they can identify where sharing platforms are being used to generate income.

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Tax Obligations For Car Sharing
( Posted in: Community )

Small Businesses Do Need Tax Guidance

We’re glad to hear the head of the ATO, Chris Jordan, has come out recently and commented on tax obligations for small business people. It’s very complex, but so important that small business people get it right.

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Small Businesses Do Need Tax Guidance
( Posted in: Tax )

Can I Claim Travel Expenses For My Rental Property?

Travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. The travel expenditure is also not recognised in the cost base of the property for CGT purposes.

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Can I Claim Travel Expenses For My Rental Property?
( Posted in: Tax )