News

Success in sport is all about playing your A game. Being the best you can be through preparation and training leading up to the game, as well as through your actions during and after the game - showing modesty and humility in success and graciousness...

Transferring a commercial property into an SMSF can be a great way to build retirement savings and take advantage of the tax benefits available to SMSFs. The rental income and capital gains are concessionally taxed, or even tax exempt to the extent the property supports...

Human beings are often described as creatures of habit, but the truth is, behaviour change is hard. As busy people, making a change either means cramming something else into our days, or replacing something that we’re used to doing. Neither option is especially easy, but with...

Have you run a small business that has ceased or paused operations? Or perhaps you’ve been hired as an ABN contractor? The ATO is cleaning up the Australian Business Register and is on the lookout for people who may not be entitled to hold an...

Have you sorted out Single Touch Payroll (STP) arrangements for your small business? If not, it’s time to get cracking! From 1 July 2019, STP reporting will become mandatory for all employers, including small businesses (ie those with fewer than 20 employees) that have previously...

It is pleasing to see that the Australian government has made changes to the approach to small business taxation disputes with the Australian Taxation Office. The way the Australian taxation system works regarding disputes with the Australian Taxation Office (ATO) has been on a pay now...

Car expense claims are one of the most popular deductions claimed by individuals at tax time each year, but the ATO says not everyone gets it right. Make sure you know the basic rules for when and how you can make a claim. These rules apply...