The ATO is focusing on businesses that rely heavily on cash transactions. The ATO will be working closely with industry associations, tax practitioners and businesses to understand any issues they may have.
Martin CoJuly 14, 2017
The NSW Government has developed a new package of measures designed to improve housing affordability across NSW. These policies take into account the difficulty that first home buyers face in entering the market, the state’s growing population and the need to ensure that development occurs close to essential infrastructure such as roads, railway lines and schools. The NSW Government’s comprehensive package to improve housing affordability is focused on helping first home buyers, who often face stiff competition from investors. For first home buyers, this comprehensive package will: Abolish stamp duty on all homes up to $650,000 Give stamp duty relief…
Martin CoJuly 10, 2017
The ATO is focusing particular attention on motor vehicle and travel expense claims of late and has indicated their focus will be firmly on these deductions for FY2017 tax returns.
Martin CoJuly 10, 2017
The Government has announced that from 1 July 2017 it will allow the ATO to disclose tax debt information to credit reporting agencies of taxpayers that are not effectively engaged with the ATO to manage their debts.
Martin CoJuly 6, 2017
The end of the 2016/17 financial year is almost here, so now's the time to look at Small Business Concessions to minimise your tax.
Martin CoJune 26, 2017
The end of the 2016/17 financial year is almost here, so now's the time to look at year end stock take, work in progress, bad debts and capital assets to minimise your tax.
Martin CoJune 22, 2017
The end of the 2016/17 financial year is almost here, so now's the time to look at Private Company Loans to minimise your tax.
Martin CoJune 19, 2017