Insight

Tax

Excessive claims for holiday homes in the ATO’s firing line

The ATO will be closely scrutinising deductions claimed for short-term rental properties.

21 June 2023 • By James Deliyannis, Corporate Seminars Australia

more from insight

Tax

How to prepare your clients for the end of the financial year

As the end of the financial year fast approaches, time is running out to get your clients’ tax affairs in order.

08 June 2023 • By Robyn Jacobson

Tax

Preparing for EOFY tax scams with business and cyber resilience

Every end of financial year (EOFY) season involves a rush of Australians wanting to get their tax returns completed...

02 June 2023 • By Prashant Haldankar

Business

The hidden toll: Accountants’ health in the crucible of the tax season

As we head into June, those in the accounting sector are gearing up or re-arming themselves for the annual tax time...

02 June 2023 • By Brian Pillemer

Tax

How to take CGT sting from assets bequeathed to a foreign resident

When someone overseas inherits from a will, other beneficiaries can end up footing the tax bill.

26 May 2023 • By Leigh Adams

Tax

Why ATO should stop the guilt trip and empower taxpayers

There’s a better way to make the tax system more efficient than adding to the nervousness around returns.

26 May 2023 • By Nicole Kelly

Tax

How the ATO will turn celebrity into a challenge

Individuals will pay tax on their fame unless there are changes to last year’s draft determination.

19 May 2023 • By Dennis Tomaras

Business

Why safety-first budget yields bonanza of questions

There were few surprises and the cautious support measures for small business are short on detail.

19 May 2023 • By Robyn Jacobson

Regulation

Why cashless gaming would be an unwise all-in wager

Moves to mandate electronic payments could simply push money laundering and problem gambling elsewhere.

12 May 2023 • By Joseph Vitalone

Super

Budget and super: The good, the bad and the ugly

The Treasurer delivered a mixed bag of measures for superannuation this week.

12 May 2023 • By Michael Davison and Richard Webb

Tax

How to adopt a risk-free approach to s100A

The ATO’s position on trust distributions suggests a number of possible approaches but – in the second article on the...

05 May 2023 • By John Jeffreys

Tax

How to plot a path through the s100A minefield

When it comes to trust distributions, the buck stops with accountants. In the first of two articles, here’s an outline...

05 May 2023 • By John Jeffreys

Technology

How AI opens the doors of automation

Accountants are waking up to the potential of AI and, like it or not, there’s no turning back.

28 April 2023 • By Fiona Dixon

Super

Employee or contractor? It all comes down to the delivery

The recent decision in the Jamsek case clarifies when a contractor is an employee for the purposes of superannuation...

28 April 2023 • By Bryce Figot and Daniel Butler

Tax

How to avoid CGT on deceased estate property

Claiming full main residence exemption relies on a range of conditions being met.

21 April 2023 • By Suzanne Jones

Business

How to raise capital without a trip to the bank

Small businesses might be getting the cold shoulder from traditional lenders, but there are other options worth...

21 April 2023 • By Angus Sedgwick

Technology

How data hoarding magnifies the risk of a hack

Financial institutions have a responsibility to keep tabs on customer information and move on from a “more is more”...

14 April 2023 • By Alyssa Blackburn

Tax

Inefficient, complex FBT regime ripe for overhaul

With its archaic provisions and heavy compliance burden, fringe benefits tax desperately needs modernising.

14 April 2023 • By Robyn Jacobson