Tax
CategoryTax deductions that are often forgotten
A quick scan of the average taxpayer’s wallet of receipts or documents in the home office can result in quite a few expenses they can clai..
ATO targeting SMSF tax avoidance
The Australian Tax Office has its sight set on an emerging tax avoidance tactic being taken up by a number of self-managed superannuation ..
Crackdown on superannuation tax may create borrowing spike
Tougher superannuation rules may create an unintended spike in risky property borrowing by those with a self-managed super fund, with expe..
Federal Budget – Individuals
The Government is now giving individuals a greater incentive to work without being taxed more by making a start to personal income tax rel..
ATO identifies industries targeted for potential tax audits
The ATO has identified certain businesses it plans to target for potential tax audits. These businesses include the supermarket, bakery, c..