News

Tax

The Ato’S Eligibility Requirements For Smsf Trustees Or Directors

The ATO’s eligibility requirements for SMSF trustees or directors - Tax Accountants Carrum Downs

All members of a self-managed super fund (SMSF) must be individual trustees or directors of the fund’s corporate trustee. Anyone 18 years old or over can be a trustee or director of a super fund as long as they're not under a legal disability (such as mental incapacity) or a disqualified person.

Read more
New Guidance On “Personal Services Income” Rules

New guidance on “personal services income” rules - Tax Accountants Camberwell

The ATO has recently updated its guidance material on the operation of the personal services income (PSI) and personal service business (PSB) rules.

Read more
The Tax Treatment Of Cryptocurrency

The tax treatment of cryptocurrency - Tax Accountants Bundoora

Cryptocurrencies, once again surging in popularity, have a unique tax treatment that every taxpayer dealing with cryptocurrency should be aware of.

Read more
Canberra Federal Budget 2020 2021

Federal Budget 2021-22

The Government has decided not to go down the austerity path, which will be a relief for many taxpayers and businesses.

Read more
Evidencing Smsf Property Valuations

Evidencing SMSF property valuations - Tax Accountants Brunswick

The ATO recently clarified the evidence that is required to support real property valuations within SMSFs, particularly in light of the unique challenges brought about by COVID-19.

Read more
The Sme Recovery Loan Scheme Is Now Open

The SME Recovery Loan Scheme is now open - Tax Accountants Brisbane

Loans for small to medium enterprises (SMEs) are available until 31 December 2021 under the Federal Government’s SME Recovery Loan Scheme. The scheme is designed to support the economic recovery, and to provide continued assistance, to firms that received JobKeeper and also to firms that are eligible flood-affected businesses.

Read more

Our Management Credentials