by Val Tse | Aug 18, 2022 | Income Tax, Uncategorised
http://sutherlandtse.com.au/wp-content/uploads/2022/08/SUTHERLAND-Rates-2022-23.pdf
by Val Tse | May 1, 2019 | ATO Public Ruling, Income Tax
The ATO can issue public rulings that provide guidance on the interpretation of various tax laws. Public rulings generally deal with priority issues that have been found to require clarification, so if you have a concern about a particular area of tax law, you may...
by Val Tse | May 1, 2019 | Deduction - Donation, Income Tax
As most of us know, donations of $2 or more are deductible, and there is flexibility in the rules around donating to emergency relief bodies in that no receipt is required if giving less than $10 (so called “bucket” donations). To be able to claim a tax deduction for...
by Val Tse | May 1, 2019 | Deduction - Shares and Trust, Income Tax, Investment
The tax rules allow investing taxpayers to claim some deductions related to some of the expenses and costs that are generated when earning interest, receiving dividends or gaining other investment income. Remember, interest from a bank or other financial institution...
by Val Tse | May 1, 2019 | Deduction- Home Office, Income Tax
If you produce assessable income at home, or some of it, and you incur expenses from using that home as your “office” or “workshop”, the ATO will generally allow that a taxpayer could be in a position to be able to claim some expenses and make some deductions....
by Val Tse | Apr 1, 2019 | Income Tax, Investment, Rental Income
There are times when getting a valuation becomes necessary, especially to estimate the cost of transactions that are not arm’s-length or when no actual cash changes hands. A common example of this is in respect of property, and especially for transactions when a...