We’ve Turned 5
As we celebrate our fifth anniversary we wish to reflect and appreciate the support and encouragement that our valued clients and colleagues have unhesitatingly provided to our team.
Tax & The Family Home
Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption.
Tax Time Targets
The ATO has flagged four priority areas this tax season where people are making mistakes.
2022 Tax Planning Priorities
Many business owners have reduced their 2022 PAYG instalments to Nil during the COVID-19 period, but now you may find that you have generated profits this year and you may have tax to plan for.
2022 Federal Budget
This is a safe, ballot box friendly Budget as expected with a focus on jobs, cost of living, home ownership, and health.
ATO Smartdocs
There is a growing importance that you receive your ATO correspondence in a safe and effective way in accordance with your privacy requirements.
Fringe Benefits Tax
Many businesses are likely to have provided different types of benefits and assistance to their employees due to COVID-19. It can be quite challenging to work out whether FBT should apply.