Tax News

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Tax News That Matters - For Individuals and Small Business

Latest ATO and Tax Updates in Australia

Keep Director Details Current With ASIC

Practice Point – Keeping Director Details Current With ASIC The importance of keeping director details up to date with ASIC

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Tax Time Focus Areas For Businesses – June 2018

Tax Time Focus Areas For Businesses – 12 June 2018 With the ATO’s compliance targeting of large businesses in the

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Contracts Won’t Self-Destruct With Onset Of Insolvency

“Ipso Facto” Escape Hatch Prohibited Under Insolvency Reforms Once, if a company got into financial difficulty, a party who had

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Independent ATO Reviews For Small Business Disputes

Independent ATO Review For Small Businesses – 18 July 2018 The ATO has started a 12 month pilot program for

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What Is Illegal Phoenix Activity?

How Illegal Phoenixing Affects You? – 7 August 2018 Every year, illegal phoenix activity costs the Australian economy billions of

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Sharing Economy Tax Implications

Pay Your Way: Tax And The Sharing Economy – 3 October 2017 The desire to pay less for goods and

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Tax Incentives For Innovation

Paving The Way To Innovate – 15 September 2017 Innovation is fundamental to drive future productivity in Australia. Readily available

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Law Changes That Might Affect Your Business

Other Law Changes That May Affect You – 9 November 2017 Government Cracks Down On Illegal Phoenixing The Minister for

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Proposed New Similar Business Test

Greater Flexibility For Accessing Company Tax Losses: Proposed New “Similar Business” Test – 18 February 2019 The government plans to

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Proposed Tax Changes In Limbo 2017

Government’s Not So Happy New Year: Legislation Hangovers with 2017 proposed tax changes in limbo – 11 January 2018 Government’s

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2018 Tax Return Lodgment Due Soon

Tax Return Lodgment Due Soon – 16 October 2018 The deadline of 31 October for lodging your tax return is

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Tax Incentives For Tech Startups

Further Steps To A Fintech Nation Could Mean More Incentives For Tech Startups The number of fintech companies has more

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Family Trusts And The Lower Company Tax Rate

Family Trusts And The Lower Company Tax Rate – 9 November 2017 If you have a “bucket company” that is

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Has Your Family Investment Company Paid Too Much Tax

Your Family Investment Company Could’ve Paid Too Much Tax! – 5 July 2017 Buried in the footnotes of an ATO

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What Is The Commisioner’s Remedial Power?

Commissioner’s Remedial Power – March 2017 On 1 May 2015, the Assistant Treasurer announced that the Government would provide the

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