Government releases details on luxury car tax changes
The draft legislation aims to modernise the luxury car tax by tightening the definition of a fuel-efficient vehicle and adjusting the indexation rate.
New SMSF expense rules: what you need to know
If you manage a self-managed superannuation fund (SMSF), recent changes to tax rules for certain fund expenses may affect you and the fund.
ATO reveals common rental property errors from data-matching program
Recent results from the data-matching program identified issues around the reporting of rental income and claims for capital works and depreciating assets.
SMSF succession planning part 1 – getting started
Part 1 examines the key characteristics of a sound SMSF succession plan including planning for control of the fund to pass into trusted hands in the event of a member’s death or loss of capacity.
Most Popular Operating Systems 1999 – 2022
Check out the most Popular Operating Systems 1999 – 2022
Unregistered or Registered Trade Marks?
Trade marks are a form of intellectual property protection your business can rely on to distinguish yourself from your competitors. Likewise, you can use trade marks to clearly differentiate your goods and services from your competitors.
How to read a Balance Sheet
It’s common for small businesses to struggle when understanding their financial data. Cash flow needs and a Profit and Loss statement are analysed more often a business owner and so, understood better.
ATO warns businesses on looming TPAR deadline
The ATO is reminding businesses to lodge their tax payable payment annual report by 28 August after issuing around $9 million in penalties in the five years to 2023.
Government urged to exempt small firms from TPB reforms
The lower risk profile of small practices means they should not face the same scrutiny as larger ones, the NTAA says.
Millions of landlords the target of expanded ATO crackdown
The Tax Office will acquire property management records to clamp down on taxpayers misreporting rental income and deductions.