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...