Tax Compliance & Accounting

Tax for property investors - What can I claim?

Tax for property investors: What can I claim?

Among the attractions of investing in property is that most of the expenses incurred in owing and managing...
Trading names no longer available on ABN Lookup

Trading names no longer available on ABN Lookup

It’s common for businesses to use a trading name that differs from their legal name or registered business...
Tax for entrepreneurs: What you need to know about the entrepreneurs tax offset (ETO)

Tax for entrepreneurs: What you need to know about the entrepreneurs tax offset (ETO)

The federal government provides a number of tax incentives for entrepreneurs. Once upon a time, these...
New rules for vacant land expense deductions

New rules for vacant land expense deductions

At present, owners of vacant residential and commercial land, in some circumstances, are able to claim...
Empty residential properties: What you need to know about vacant residential land tax

Empty residential properties: What you need to know about vacant residential land tax

On July 1, 2018 the Victorian State Revenue Office (SRO) began charging inner and middle Melbourne property...
Tax incentives for entrepreneurs

Tax incentives for entrepreneurs

Entrepreneurs are key drivers of innovation and progress. Our future economic growth depends, in no small...
The changing company tax rate and what it means for a Small Business Entity (SBE)

The changing company tax rate and what it means for a Small Business Entity (SBE)

The federal government has recently enacted changes to the company tax rate to reduce the tax rate over...
GST on property transactions - Updated withholding regime for new premises and subdivisions

GST on property transactions: Updated withholding regime for new premises and subdivisions

New legislation will soon be introduced to improve the integrity of GST on property transactions. From 1...
Why you should use a chartered accountant

Why you should use a chartered accountant

In Australia anyone can adopt the title of ‘accountant’, so how can you confidently choose a good...
Move to improve the transparency of business tax debts

Move to improve the transparency of business tax debts

Currently any outstanding debt obligations with the Australian Taxation Office (ATO) remain between the...
How is cryptocurrency, like Bitcoin, treated for income tax in Australia?

How is cryptocurrency, like Bitcoin, treated for income tax in Australia?

By Florence Ioannou  As cryptocurrencies are becoming more accepted, and as Bitcoin is being adopted...
Amendments to shareholder loan provisions – Division 7A and what it means

Amendments to shareholder loan provisions – Division 7A and what it means

You may have heard about impending changes to Division 7A and wondered what it was all about. In this...
How changes to GST affects Bitcoin and other cryptocurrency

How changes to GST affects Bitcoin and other cryptocurrency

By Florence Ioannou Cryptocurrency – it’s a form of digital money designed to be secure and it is...
Crash course in tax for game developers

Crash course in tax for game developers

Game development is now big business, with skilled designers and developers vying to present the fruits...
Online goods tax postponed until 2018

Online goods tax postponed until 2018

Australian retailers will have to wait a few months for the GST playing field to finally be levelled. The...