All posts by Luke Casley.

03Mar Luke Casley
Luke Casley
 0
Tax

ATO impersonation scams – what to look out for

ATO impersonation scams – what to look out for.       As scammers become more sophisticated, the ATO is warning businesses to stay vigilant about ATO impersonation scams. The ATO recommends checking contact details…
Continue Reading
03Mar Luke Casley
Luke Casley
 0
Tax

Clamp down on foreign property purchasers

Clamp down on foreign property purchasers       The Government will be implementing a temporary ban on foreign investors from buying established homes from 1 April 2025 to 31 March 2027.   The measure aims to…
Continue Reading
03Mar Luke Casley
Luke Casley
 0
Tax

NFP self-review return done? March 31 Deadline approaches

NFP self-review return done? March 31 Deadline approaches.         The ATO is reminding not-for-profits (NFPs) of the imminent 31 March 2025 deadline for non-charitable NFPs that need to self-assess as income tax…
Continue Reading
03Mar Luke Casley
Luke Casley
 0
Tax , ,

Tax Issues in Property flipping, Subdivision, and Property development projects

Tax Issues in Property flipping, Subdivision, and Property development projects.       The ATO has updated its document ‘Examples of tax consequences of sales of land including small-scale land subdivision’ to include additional examples.    …
Continue Reading
01Jan Luke Casley
Luke Casley
 0
Tax

How do I prove my work-related expenses to the ATO?

How do I prove my work-related expenses to the ATO?   This is a really common question we get from clients with simple and more complicated affairs.   When submitting a tax return you are…
Continue Reading
01Jan Luke Casley
Luke Casley
 0
Tax

The business and economic year ahead for 2025

The business and economic year ahead for 2025 An election, a growing deficit, geopolitical instability, looming trade wars, and continued cost of living stress. Sounds like fun, right?     But it’s not all doom…
Continue Reading
11Nov Luke Casley
Luke Casley
 0
Uncategorized

Naughty or nice? Tax Tips of Christmas.

      As the holiday season is upon us, many businesses are winding up for celebrations, from planning parties to buying gifts for employees and clients lunches. However, with all the activity, it’s key…
Continue Reading
11Nov Luke Casley
Luke Casley
 0
Tax

Can my overseas employee be subject to Australian employment laws?

The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer.  And this begs the question, can my overseas employee be subject to Australian employment…
Continue Reading
10Oct Luke Casley
Luke Casley
 0
Tax

When is a gift not a gift for tax purposes?

The case of Rusanova and Commissioner of Taxation may have enough for a movie. The plot features an Australian resident Russian couple ‘gifted’ over $1.6m in unexplained bank deposits, over $67,000 in interest, the Russian father-in-law…
Continue Reading
09Sep Luke Casley
Luke Casley
 0
Tax

You Guide Instant Asset Write-Off – 2023-2024

You Guide Instant Asset Write-Off – 2023-2024 You Guide Instant Asset Write-Off – 2023-2024. The instant asset write-off threshold increased from $1,000 to $20,000 for 2023-24. We explain what that means.   The increase to…
Continue Reading
© Copyright Morris Cohen Glen & Co