Treating a property as a principal place of residence (PPOR) is one of the more common Capital Gains Tax exemptions available. As we know, in most cases there is no tax payable on the sale of the family home (provided the land is under 2 hectares). The 6 year absence rule follows on from the [...]
We see the growth in social media use every day and it is hard to escape the encroachment into our personal lives. Whether you are a fan or a foe there is no denying the influence social media has on our businesses as well. Many businesses have borne the brunt of negative sentiment (correctly or [...]
Inside this month's Your Knowledge Update, we discuss the confusion over superannuation and insurance, who is exempt from single touch payroll and what are the top 5 tax cheat 'tip-offs' to the ATO. Download this month's issue here - Your Knowledge Updated - July 2019
Inside this month's Your Knowledge Update, we look at the key areas the ATO will be scrutinizing in your tax returns and the geographical areas they will be visiting as part of a nationwide crackdown on the black economy. Download this month's issue here - Your Knowledge Update - June 2019.
Inside this month's Your Knowledge Update, we explore what a change in Government might mean and the outcome of of the Budget announcements. Download this month's issue here -Your Knowledge Update - May 2019
Inside this month's Your Knowledge Update, a reminder that Single Touch payroll will be extended to all employers from 1st July 2019, a look at what happened during the last Parliamentary sitting days for 2019 and Australia's global gender equality ranking. Download this month's issue here -Your Knowledge Update - March 2019.
Inside this month's Your Knowledge Update, we explore the importance of estate planning, the problem with foreign income tax offsets and warn that human error is the most common cause of data breaches. Download this month's issue here - Your Knowledge Update - February 2019
The ATO has announced that it will be extending its data matching program to include information relating to share sales. ASIC will now be providing details on all share transactions (including price, quantity and date) dating back to 2014. The ATO previously received information from brokers, share registries and stock exchanges meaning this announcement now [...]
Inside this month's Your Knowledge Update, how to classify workers in the sharing economy, the new legislation that denies a tax deduction if you don't meet your tax obligations and the next stage of the ATO's data matching program. Download this month's issue here - Your Knowledge Update - December 2018.
Inside this month's Your Knowledge Update, the accelerated tax rate reduction for small business, the new rules for gift cards and travelling to and from your investment property. Download this month's issue here - Your Knowledge Update - November 2018.