by Val Tse | Jun 27, 2017 | Uncategorised
Payment, or not? The operation of Division 7A by Valentine Tse | 15 Jan 2017 Division 7A is part of the Income Tax Assessment Act 1936 and is intended to prevent profits or assets being provided to shareholders or their associates tax free. A payment or other benefit...
by Val Tse | Jun 27, 2017 | Uncategorised
Avoiding common tax return errors: Tips from the ATO by Valentine Tse | 27 June 2017 While many may see recently issued ATO advice as re-stating the bleeding obvious, it does of course ring true when it says that lodging returns with incorrect or incomplete...
by Val Tse | May 19, 2017 | Uncategorised
The budget announcements contain a suite of tax and superannuation measures aimed at increasing housing stock and improving housing affordability. While the government has not gone close to clamping down on the political and social hot potato of negative gearing, it...
by Val Tse | May 17, 2017 | Uncategorised
If a business racks up an interest bill from borrowing funds to pay for the expenses of running the business, or to acquire other income-producing assets or investments, this expense is generally allowed as a tax deduction for the relevant year. For business taxpayers...
by Val Tse | May 17, 2017 | Uncategorised
A recent court decision, and subsequent appeal, has ramifications for taxpayers with disabilities, and who are in need of a personal carer. The decision centres around what is or is not acceptable as a tax deduction in relation to the costs that arise with regard to...
