Tax News & Articles

One of the general housekeeping matters as part of financial year end tax planning is reviewing debtors to determine whether there are any bad debts.

The new small business rollover rules contained in the Tax Law Amendment (Small Business Restructure Roll-over) Bill 2016 were enacted on 8 March, and will

The invitation announces: “You are invited to attend the XYZ Charity’s Annual Gala Sports Evening and be entertained by tales from such sporting greats as

Your client’s trading trust made a capital gain and that capital gain qualifies for the small business CGT concessions. The trading trust will apply the

In this video Webb Martin Consulting Director, Graeme Prowse talks through the considerations of succession planning and the often overlooked associated costs and implications with

There are a number of benefits to taking out a life insurance policy via an industry superannuation fund. These include a default level of coverage

Recent press coverage suggests the ATO may be concerned some employers may have overlooked changes to the cents per KM business travel rules. Effective 1

Soon after the introduction of the GST regime the Australian Taxation Office (‘ATO’) issued a GST Fact Sheet titled ‘Correcting GST Mistakes’. This Fact Sheet

Most, if not all, accountants in practice have prepared an objection for a client. Sometimes it is a one-page letter requesting a change that the

Issue A taxpayer that migrated to Australia several years ago has recently turned 60 and wishes to “cash out” their foreign superannuation account and repatriate