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Tax & Super Newsletter

March 2018

March 2018 Newsletter ATTRACTING THE ATO’s ATTENTION The ATO have reiterated the list of behaviours that attract their attention. These activities include:Tax or economic performance which is not comparable to similar businesses Low transparency of tax affairs Large, one-off or unusual transactions, including transfer or shifting of wealth A history of aggressive tax planning Lifestyle not supported by after-tax income, and Accessing business assets for tax-free private use.  NEW SMALL BUSINESS BENCHMARKS The ATO has updated their small business benchmarks with the latest data from the 2015/16...

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Tax & Super Newsletter

September 2017

September 2017 Newsletter Small Business Immediate Asset Write-Off Small business entities can claim...

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Tax & Super Newsletter

August 2017

August 2017 Newsletter  TAKING MONEY FROM A PRIVATE COMPANY This article is a must-read for all private...

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