The latest edition of our quarterly general business newsletter, Business Matters, is now available for download from this website. In this issue: - Develop an ethics policy for your business - Contingency planning - 50% Investment Allowance - Division 7A Loans - Turning failure into success - Reviewing your PAYG instalments - The ATO’s latest [...]
[Continue reading…]Students now entitled to tax deductions against Youth Allowance
May 4, 2009 By
The Federal Court has held that a student taxpayer who received Youth Allowance was entitled to a deduction for the expenses she incurred in pursuing a teaching degree, as she incurred them in the gaining or producing of her assessable income (being the Youth Allowance). Court rules you can claim tax deductions against Youth Allowance [...]
[Continue reading…]Tax Office Alert: ATO data matching gets better and better
May 4, 2009 By
The ATO has announced that it will be undertaking a number of data matching programs to identify taxpayers who may not be meeting their taxation obligations. The ATO will request and collect: details of approximately 2.5 million individuals or entities that have purchased or acquired a motor vehicle valued at $10,000 or higher, from the [...]
[Continue reading…]FREE SEMINAR SATURDAY APRIL 4: First Home Buyers
March 23, 2009 By
You are invited to this must attend information seminar designed for anyone thinking of buying their first home. Hear the answer to important finance questions, such as:
[Continue reading…]New Small Business and General Business Tax Break
March 9, 2009 By
Recently, the Federal Government announced that it would introduce a temporary ‘investment allowance’, providing an additional 10% deduction for tangible depreciating assets acquired between 13 December 2008 and 30 June 2009. The Government has now ‘upped the ante’, increasing both the amount and the scope of this allowance.
[Continue reading…]New Edition: February Issue
February 2, 2009 By
The latest edition of our quarterly general business newsletter, Business Matters, is now available for download from this website. In this issue: - New Year’s resolutions for 2009- IR Law Changes: Fair Work Bill- Building A Brand- Dangers of liquidation to avoid tax- The ATO’s latest hit list;- Timetable of Tax Office deadlines. Download Business [...]
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