The transitional CGT relief measure and your SMSF - Tax Accountants Norfolk Island
Transitional CGT relief is temporary relief available to all complying super funds, not just SMSFs, for certain CGT assets that would otherwise give rise to a taxable capital gain through the necessary efforts to comply with the new transfer balance cap and new conditions to be applied to transition to retirement income streams (TRIS).
Read more
SMSFs and the in-house asset rules explained - Tax Accountants Melbourne
A not-uncommon conundrum for many SMSF trustees is what to do when the fund is found to have breached the in-house asset rules. There are also some common misconceptions about these regulations that keep resurfacing.
Child death benefit recipients and the transfer cap - Tax Accountants Mackay
The death of a parent is hard on all those involved, however once the grieving has eased, a time comes to address financial matters.One of these issues can be what happens to any superannuation they have left.
Read more
When valuations of property are important for tax - Tax Accountants Liverpool
There are times when getting a valuation becomes necessary, especially to estimate the cost of transactions that are not arm’s-length or when no actual cash changes hands.
Read more
Rental travel expenses mostly off the table - Tax Accountants Hoppers Crossing
The ATO recently highlighted significant non-compliance with the rules prohibiting taxpayers claiming travel expenses related to residential rental properties.
Read more
The new “consumer” rules for GST and online purchases - Tax Accountants Hervey Bay
Australians have been taking full advantage of the offerings on the digital marketplace with gusto for years now, but it has only been relatively recently that the rules for goods and services tax (GST) have caught up.
Our Management Credentials
