News

• Property Development & Tax
• Tax & The Kids’ Savings
• CGT Exemption on Inherited Homes
• SMSF Trustees: Operating Expenses You Can Deduct
• Rental Property Owners: Top 10 Tips to Avoid Common Mistakes

This months topics:

• Tax when you’re headed overseas
• What you need to know about trust distribution resolutions
• Keeping busy: is it just a hobby or are you in a business?
• Small businesses need to get active to pay less tax
• The small business income tax offset

This months topics

• Penalty interest can be deductible, under specific conditions
• Carrying forward concessional super contributions
• Business trading structures: What’s best for your business?
• Event-based reporting mistakes lead to more SMSF audits
• Businesses get increased access to losses

– Records for claiming work-related expenses
– How the record keeping rules apply to different expenses
– Essentials on taxable payments annual reports
– ATO actions on trusts and tax avoidance 
– Personal deductions for car parking expenses

• Alternatives to a tax invoice for certain GST credit claims
• The ATO’s public rulings
• The director penalty regime
• Super downsizer scheme essentials