You may or may not subscribe to the belief that Australia faces a change of government in the near future. The arguments for and against and the volume of discussions

Inbound tour operators and collecting, and remitting, GST A draft “practical compliance guideline” from the ATO deals with the requirement for “inbound tour operators” to collect and remit GST. An

At the end of 2017, an annual fee was introduced for dwellings owned by non-residents of Australia. The measure is part of the government’s housing affordability plan, and is also

The government has already announced, as part of the 2018-19 federal budget in May, that it will decrease the scope of allowable deductions for expenses stemming from holding vacant land

Could trust splitting soon result in increased tax obligations? A draft taxation determination released recently has triggered some alarm among trustees that certain previously benign trust re-arrangements may soon lead

The tax rates that apply to income a deceased estate declares depend on the period of time after the person’s death. First three income years For the first three income

  Vehicle’s ‘private use’ for FBT gets some wriggle room — up to a point The ATO has made a change to the FBT rules, set to take affect for

The ATO requires SMSF trustees to use the superannuation transfer balance account report (TBAR) to advise it when a transfer balance account event occurs. It uses this information to adjust

Tax Time toolkit The ATO been working with a small, diverse group of tax agents to develop a suite of resources for you and your clients this tax time. The

Your car expenses claims to get the blowtorch treatment this tax time Assistant Commissioner Kath Anderson has announced that the ATO is particularly concerned about taxpayers either making mistakes or

Home to work travel claims? Generally not, but sometimes… As a general rule, travel from your home to your workplace is not allowed as a deduction because it constitutes a

SMSF asset valuations and the contribution caps Asset valuations and the contribution caps are both contentious issues, with many SMSFs failing to regularly update their asset valuations and some auditors

Company directors: Do you REALLY know your responsibilities? As though business owners and principals don’t already have enough on their minds, discussion about the ups and downs of the business