Tax

Tax

Budget silent on deductions for work-related expenses

Despite speculation around a standard tax deduction being introduced for work-related expenses, no announcement was...

10 May 2018 • By Miranda Brownlee

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Tax

Accountants on notice with ABN framework revamp

Accountants will need to remain alert to the status of client ABNs following the government’s budget commitment to...

10 May 2018 • By Adrian Flores

Tax

Small business CGT concessions shut in Everett assignments

Accounting partners assigning or otherwise dealing in rights to the future income of a partnership will no longer be...

09 May 2018 • By Jotham Lian

Tax

Education a missing piece in SME tax discussion

Educating small businesses around business management and compliance was all but ignored amid the continuation of a...

09 May 2018 • By Adrian Flores

Tax

Land banking tax incentives axed

Accountants with clients currently holding vacant land may be caught off guard by a new tax integrity measure to deny...

09 May 2018 • By Jotham Lian and Sasha Karen

Tax

Insolvency law reforms tipped to impact business contracts

The new financial year will mark “sweeping reforms” to insolvency rules, with a legal firm warning the impacts on new...

09 May 2018 • By Adam Zuchetti

Tax

Government clarifies Division 7A integrity rule

The government has announced a tax integrity measure clarifying that unpaid present entitlements will now come within...

09 May 2018 • By Jotham Lian

Tax

‘The most complicated way’: tax relief measure criticised

The widely expected tax relief for low and middle income earners has been delivered but the complication behind the...

08 May 2018 • By Jotham Lian