ATO to target growing businesses in latest compliance blitz
The Tax Office will be contacting medium-sized and emerging businesses over the next month to review trusts, Division 7A and CGT concessions.
Read More »
Practitioners cautioned on ATO’s top target areas for GST
A tax specialist has outlined three of the major GST areas on the ATO’s radar based on recent discussions.
Christmas Parties and Taxi Fare/Rideshare – FBT implications.
Some employers, who are commendably anxious to protect their employees and clients from the drink/driving laws, often pay for taxis/rideshare to and from the place of entertainment.
Assess a business before you buy it
Ensure the business you buy is a worthwhile investment
What are the FBT implications of Employee Christmas Parties and Gifts?
The Christmas break-up party and/or gifts to employees can be exempt from Fringe Benefits if a few rules are followed.
ATO reveals small business hit list to combat tax debt
The Tax Office hopes shedding light on its enforcement priorities will improve taxpayer compliance.
A Unique Advent Calendar
Once again we are pleased to release an advent calendar. One developed especially for you, our clients, your family and your friends. Come back each
20 Years of Silicon Valley Trends: 2004 – 2024 Insights
Check out the 20 years of Silicon Valley Trends
1 in 3 crypto owners confused about tax, study reveals
Australian cryptocurrency owners need to be aware of their profits and whether they incur tax, experts have warned.
Withholding for foreign residents: an ATO focus area
The ATO is currently focusing on ensuring that taxpayers are aware of their obligations regarding treatment of withholding amounts and amount paid to foreign residents.