UPE and Division 7A

A recent ruling has overturned the long held ATO position of distributions from trusts to corporate beneficiaries being treated as Division 7A loans. Read more here.

Read More »
Energy Incentives for Small Business

Small Business Energy Incentive

The federal government has recently announced a third small business boost – the small business energy incentive which will allow small businesses to benefit from more efficient energy use. Read more here.

Read More »
Christmas Tax Considerations

Christmas Tax Considerations

As we near Christmas, we receive many questions from businesses regarding the implications of Christmas Parties, Gifts and Donations. Read on for important information on tax considerations this Christmas.

Read More »
director penalty notices

Director Penalty Notices

What should I do if I am a Director of a Company and I receive a Director Penalty Notice issued by the Australian Tax Office? Read on for more information.

Read More »
tax implications of holiday homes

Holiday Home Tax Deductions

If you own a holiday home in Australia, you may be eligible for tax deductions. Holiday homes can be a great source of income, but they also come with their own set of expenses. Knowing what you can and cannot claim as tax deductions is crucial to maximizing your return on investment. Read more here.

Read More »