News
Super Splitting With Your Spouse
Super splitting is important when one member of a couple has a much higher super balance. It is also beneficial for couples that have a large age gap between them. Also, people with relatively low superannuation amounts will benefit from the ability to split super contributions with their spouse.
... read moreHow Much Can I Save By Purchasing Property In A SMSF?
Quite a few years ago, I did some calculations on having a geared property within super versus a market linked ungeared fund portfolio.
... read moreNew Rules For Gift Card Expiry Dates
In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion. On average, an estimated $70 million is lost because of expiry dates.
... read moreChanges to Courier and Cleaning Services Reporting
If you are a business that provides cleaning or courier services, you will now need to lodge a Taxable Payments Annual Report (TPAR) to inform the ATO about your payments to contractors.
... read moreImportant Tax Dates: December 2018
Dates to remember in December..
December 21 – November Monthly Instalment Activity Statement (IAS) due
... read moreRisk Averse Banks Taking A Toll On Small Business
You’re probably somewhat aware of how powerful the banks are. But do you really know the full story?
... read moreATO Swoops In Like Superman On Non-Lodgements
The ATO are about to help us Tax Practitioners out big time.