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Latest News

The Risks of Failing to Declare Income or Lodge Tax Returns

There are many adverse consequences associated with failing to lodge income tax returns or omitting income from those returns if the ATO finds out.

Key Differences Between SMSFs and Other Superannuation Funds

While all superannuation funds have a shared goal to provide retirement benefits to their members, there are many differences between SMSFs and other superannuation funds. So, if you’re thinking about setting up an SMSF, it’s worthwhile comparing SMSFs with other funds before making your decision.

Selling a Property with Mixed Rental and Residential Use: Key CGT Considerations

Interestingly the tax concession that costs the government the most in foregone revenue in most financial years is the CGT discount applying to a partial exemption on a home!