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When can you claim a deduction for home to work travel?
Friday, 22 August 2014
Did you know that you may be entitled to claim some of the travel expenses between your home and your regular workplace, or even your alternative workplace?
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.
SMSF Roundup — Less accountant set ups, ASIC clarification, Less borrowing, warning on bitcoins
Thursday, 21 August 2014
It seems that while the growth of SMSFs continues, more are being established through financial planners or administration service providers. Also, borrowing has lost its appeal.
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
When can you claim a deduction for home to work travel?
Friday, 22 August 2014
Did you know that you may be entitled to claim some of the travel expenses between your home and your regular workplace, or even your alternative workplace?
Reform to employee share scheme laws could bring in $1.4 billion
Thursday, 14 August 2014
A newly released report has highlighted that the reversal of the 2009 employee share scheme laws could boost the Australian economy by $1.4 billion in the long term.
Market Watch – Red tape burden, SME insolvency risk, Startups increase
Thursday, 14 August 2014
The government’s mandatory requirement that job seekers submit 40 applications a month has attracted the ire of small businesses, while SMEs are the most likely to become insolvent.
Tax law reform will reduce compliance costs for business
Thursday, 14 August 2014
The government is proceeding with reforms, first announced late in 2013, to tighten the thin capitalisation rules in order to prevent further erosion of Australia’s tax base.
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.
SMSF Roundup — Less accountant set ups, ASIC clarification, Less borrowing, warning on bitcoins
Thursday, 21 August 2014
It seems that while the growth of SMSFs continues, more are being established through financial planners or administration service providers. Also, borrowing has lost its appeal.
Australia’s economic activity heavily concentrated in Sydney and Melbourne
Thursday, 21 August 2014
The combined central business districts of Sydney and Melbourne alone generate nearly 10% of the value of goods and services produced in all of Australia – and three times that produced by the agricultural sector.