Smsf Event Based Reporting What Needs To Be Reported What Doesnt

SMSF event-based reporting: What needs to be reported, what doesn’t - Tax Accountants Hobart

Since event-based reporting started for SMSFs from 1 July 2018, the ATO says that for the larger part, SMSF trustees have mostly adjusted to the new requirements.

Read more
An Fbt Reporting Exclusion For Personal Security Concerns

An FBT reporting exclusion for personal security concerns - Tax Accountants Hervey Bay

The ATO has plans in place that it can put into operation to relieve certain employers from reporting all the fringe benefits they provide to staff. The measure however is only triggered where it can be shown that employees’ personal safety is at risk or under threat.

Read more
Fictions And Facts About Work Expense Deductions

Fictions (and facts) about work expense deductions - Tax Accountants Gosnells

There can be varied sources for some of the myths about tax deductions —pub-talk, BBQ-banter, hairdresser-homilies, what-your-taxi-driver-just-heard and many others. We sort out fact from fiction.

Read more
The Smsf Sector Is Growing By 23200 Every Minute

The SMSF sector is growing by $23,200 every minute - Tax Accountants Geelong West

The latest statistical report from APRA has been released (here’s a link to download it —, which of course mainly focuses on the APRA-regulated superannuation funds in the retail and industry sectors.

Read more
Cgt When Spouses Have Different Main Residences

CGT when spouses have different main residences - Tax Accountants Geelong

It can sometimes be the case that spouses can have different main residences at the same time. When this occurs, special CGT rules apply to in effect provide only one CGT main residence exemption over this period. However, important decisions and choices may need to be made to optimise the tax outcome in this case (or avoid an adverse outcome).

Read more
Rental Property Owners Top 10 Tips To Avoid Common Tax Mistakes

Rental property owners: Top 10 tips to avoid common tax mistakes - Tax Accountants Fountain Gate

The ATO is reminding rental property owners that each year it sees some fairly common mistakes being made with tax claims, and the outcomes that result, in regard to investment properties. It has therefore released a list of the top 10 stumbles, and how best to avoid them.

Read more

Our Management Credentials