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.
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.
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.
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.
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.
Benefits of Salary Packaging an Electric Vehicle
Time to upgrade your car? Why don’t you consider salary packaging an Electric Vehicle?
Read more here.