Evidencing SMSF property valuations - Tax Accountants Brunswick

05 May 2021

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.

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

05 May 2021

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.

EOFY tips for your tax plan - Tax Accountants Bankstown

05 May 2021

The financial year is almost over, but there are still effective strategies you may be able to put in place.

Managing your superannuation transfer balance account - Tax Accountants Artarmon

14 April 2021

Most people think of retirement as a time to put your feet up and relax, but it can also be a time when pre-retirees and retirees alike actually need to flex the grey matter.

When it comes to real estate and CGT, timing is important - Tax Accountants Manor Lakes

14 April 2021

When you sell or otherwise dispose of real estate, the time of the event (when you make a capital gain or loss) is usually when one of the following occurs:

• You enter into the contract (the date on the contract), not when you settle. The fact that a contract is subject to a condition, such as finance approval, generally doesn't affect this date.

Refinancing loan interest may be deductible to a partnership - Tax Accountants Willetton

14 April 2021

A general law partnership is formed when two or more people (and up to, but no more than, 20 people) go into business together. 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.