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Latest news
The so-called “widow tax” is not a new tax on widows or inheritances. It refers to an unintended...
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Are work vehicles exempt from Fringe Benefits Tax (FBT)?
Tradespeople often receive a ute, van or other vehicle as an employee benefit, however this can attract...
Proposed reforms to Division 7A and how it may impact you
Companies are a commonly used entity by businesses and family groups for asset protection, the availability...
Australian stock market heads sideways amid volatile conditions
The Australian share market traded sideways during the third quarter of 2019, gaining just 69 points...
What you need to know about Transfer Balance Account Reports (TBAR) for self-managed superannuation funds
If you have a self-managed super fund (SMSF) and are looking to draw an income from it soon, then you...
ATO scrutinises self-managed super fund (SMSF) investment strategies
The Australian Taxation Office (ATO) has pushed 18,000 self-managed super fund (SMSF) trustees to improve...
How can my business prepare for a financial audit?
Audits are time-consuming and costly events for businesses and organisations, however preparing for an...
What is an inverted yield curve, and does it mean we’re heading for a recession?
There has been a lot of focus on the US bond markets and inverted yield curves recently amid concerns...
Why you may not get the full $1,080 from the low and middle income tax offset
Many Australians will lower their tax bill for the last financial year with the low and middle income...
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