BE WARNED AND BE PREPARED: ATO AUDITING WORK RELATED EXPENSES
By Brian Spurrell This month’s column is designed to assist you in preparing for the preparation and lodgement of your 2018 individual income tax return. Firstly, a warning. The Commissioner of Taxation, Chris Jordan has foreshadowed that the tax office is going to...
read moreTax Tips for Rental Property Owners
CHRISTMAS PARTIES – TAX TIPS FOR EMPLOYERS
Christmas is rapidly approaching and those of us that are in business will be planning Christmas parties and maybe gifts and/or cash bonuses for employees and possibly gifts for clients and business associates. Therefore it is timely for this column to offer some tax...
read moreTAX TIPS FOR TRADIES
This month’s column is designed to assist taxpayers who are engaged in a trade as an employer, contractor or sub-contractor, apprentice or trainee. Am I an Employee or a Contractor? A key issue addressed in this month’s column is whether you are employed as an...
read moreWHAT YOU NEED TO KNOW BEFORE LODGING YOUR 2017 PERSONAL INCOME TAX RETURN
This month’s column will primarily focus on assisting readers who may need to lodge their first tax return because this is the first year you have earned assessable income, e.g. school leavers and tertiary students. It may also be relevant to other low income...
read moreTimely Tax Tips
June is the month when our minds turn to tax and the obligation to lodge our tax returns which brings to mind Kerry Packer’s memorable statement, “I pay what is due and not a penny more.” The purpose of this column is to assist you in adopting the same philosophy...
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