Tax

Tax

ATO rental property focus to keep accountants on their toes

An understanding of how CGT works for homes and rentals is vital, says HLB Mann Judd.

12 May 2023 • By Josh Needs

more from tax

Tax

Accountants ‘suffocating in their own workflow’

Too many practices are “suffocating in their own workflow”, says the head of accounting at Intuit QuickBooks, Shaye...

05 May 2023 • By Philip King

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

Tax

Off-market buybacks ‘super-size tax benefits – for some’

We all pay for the preferential treatment of off-market buybacks but it unfairly streams the rewards to one group of...

02 May 2023 • By Philip King

Tax

Flick to electricity for 20% tax deduction, small business told

Tradies, manufacturers and restaurants to get a budget bonus for moving away from gas or for upgrading appliances.

02 May 2023 • By Philip King

Tax

ATO upgrades to ‘simpler, better’ lodgment deferral system

The revised application method will soon become the single point of entry for deferral requests, the Tax Office says.

01 May 2023 • By Philip King

Tax

ATO to amend s100A ruling in wake of Guardian appeal

But tax specialists say its comments on reimbursement agreements fall short and the issue of ordinary family or...

28 April 2023 • By Philip King