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Holiday house deduction claims under Tax Office scrutiny
Friday, 29 August 2014
The Tax Office is reportedly taking a dim view of holiday house owners who rort the tax system by claiming tax deductions for properties they pretend to rent out.
Bitcoin is a currency, according to a US federal district court
Friday, 29 August 2014
A multi-million dollar case before a federal district court in the US has concluded that bitcoin should be considered money. 
Market Watch – Aussies ‘get’ e-commerce, MYOB IPO, Fuel credit guide, Retail bounces
Thursday, 28 August 2014
Australians have been found to be ahead of the e-commerce game in our region, there are rumours of a float for MYOB, and statistics fro the retail sector have thankfully shown a rebound of late.
Is your business using the right fuel tax credit rate?
Wednesday, 27 August 2014
The Tax Office has warned that businesses should check that they are using the right fuel tax credit rate, as it may have changed without their knowledge.
Tax Office warning: property developers must declare their income
Thursday, 31 July 2014
The Tax Office has recently issued Taxpayer Alert TA 2014/1 which warns property developers against using trusts to return the proceeds from property development as capital gains instead of income on revenue account.
Tax Office: Client declarations FAQs
Tax Office publications released
Thursday, 31 July 2014
Tax Rulings, Determinations and Interpretative Decisions
Market Watch – Aussies ‘get’ e-commerce, MYOB IPO, Fuel credit guide, Retail bounces
Thursday, 28 August 2014
Australians have been found to be ahead of the e-commerce game in our region, there are rumours of a float for MYOB, and statistics fro the retail sector have thankfully shown a rebound of late.
Is your business using the right fuel tax credit rate?
Wednesday, 27 August 2014
The Tax Office has warned that businesses should check that they are using the right fuel tax credit rate, as it may have changed without their knowledge.
Australian companies are not taking enough advantage of free trade agreements: research
Wednesday, 27 August 2014
Research suggests that few Australian companies utilise free trade agreements within their business strategy, which can boost exports and a business's competitive edge.
Tax Office enacts new law to prevent dividend washing
Tuesday, 26 August 2014
A new tax integrity rule has been put in place by the Tax Office to limit a taxpayer's ability to obtain a benefit from “dividend washing”.
Holiday house deduction claims under Tax Office scrutiny
Friday, 29 August 2014
The Tax Office is reportedly taking a dim view of holiday house owners who rort the tax system by claiming tax deductions for properties they pretend to rent out.
Bitcoin is a currency, according to a US federal district court
Friday, 29 August 2014
A multi-million dollar case before a federal district court in the US has concluded that bitcoin should be considered money. 
The Tax Office to treat bitcoins like barter transactions
Thursday, 21 August 2014
The Tax Office has finally delivered guidance on the tax treatment of bitcoin — although a little late for many taxpayers who have already completed their 2013-14 tax returns.
Default insurance through super may not be so ‘set-and-forget’
Thursday, 21 August 2014
The types of cover that typically come with the default insurance options through superannuation funds may have reached their 'use-by' date, with new research questioning whether a rethink may be in order.