by Shane Yasserie | Jul 4, 2017
The ATO has warned taxpayers about common deductions that should not be claimed. In a new guide, Don’t be a dummy with your deductions, the ATO lists eleven items that are often claimed but probably shouldn’t be: • Travel between home and work; • Car expenses...
by Shane Yasserie | Jul 4, 2017
Last month, Parliament passed legislation that will see GST applied to all consumer imports regardless of their value. Currently, imports below $1,000 are excluded from GST. The perceived preferential treatment of internet shopping has been a contentious issue for a...
by Shane Yasserie | Jul 4, 2017
• GST applies to digital products & services imported by consumers • Small business $20k instant asset write-off extended until 30 June 2018 • Company tax rate reduction to 27.5% for entities with an aggregated turnover of less than $25m (companies with a...
by Shane Yasserie | Jul 4, 2017
Generational succession – handing your business across to your kids or family – sounds simple enough. But, many families end up in dispute right at the point when the parents, business, and children are most vulnerable. It’s important that generational...