Tax
CategoryTax Deductions & Claims: Life Insurance
Have you recently purchased life insurance?
The type of cover, deductibility of premiums and treatment of claims make life insurance a com..
Charitable Donations In The Season Of Giving & Tax
It’s coming close to the season of giving, and Australians might be looking to pay it forward to those in need.
Making a charitable donati..
How Can A Natural Disaster Event Impact FBT?
Australians can experience a range of natural disasters, such as floods, bushfires, tropical cyclones, severe storms and even earthquakes…
What Happens To My Tax If I’ve Been Affected By Natural Disasters?
Natural disasters, be they floods, fires or cyclones, can impact many parts of Australia. When they strike, your tax obligations (personal..
It’s Beginning To Look A Lot Like FBT Gifts This Season
At the end of the year, you may look for extrinsic ways to thank your hardworking employees or faithful customers/clients.
A work Christma..
CGT In The Event Of An Inherited Property Can Amount To An Expensive Tax Bill
There is often some confusion relating to the treatment and operation of capital gains taxes in the case of deceased estates.
Generally sp..
Why Is A GST Refund An ‘Outstanding Indirect Tax Refund’?
Small businesses entitled to refunds of GST may not be aware of the four-year
time limit on claiming those refunds. Your entitlement to a ..
Tax Return Deadline Is 31 October – Is Yours Lodged?
The last day to lodge a tax return to the ATO if it is not being completed by a registered tax agent or with an extended deadline is the 3..
Tax Tips You Should Know For Buying A Car For Your Business Before You Grab The Key
Regardless of whether or not the owner is a company or an employee, a car purchased for business use can provide tax benefits to the owner..
In The Event The ATO Decide To Audit You, What Should You Do?
Tax audits are conducted when the ATO deems that a more extensive examination of an issue is necessary. These audits can be conducted on a..