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March 31 and the end of the FBT year is around the corner, so to help taxpayers get things right, the ATO has made public the fringe benefits tax issues that attract its attention.
The ATO has been sending some mixed messages about property development involving an SMSF, and has indicated that it is one of the issues on its radar for 2018.
Partnerships are generally set up so that all partners are equally responsible for the management of the business, but each also has liability for the debts that business may incur.