Category Archives for 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…

Client Alert – December 2024

December 2024 – Client Alert

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…

November 2024 – Client Alert

November 2024 – Client Alert

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…

October 2024 Due Diligence Checklist – Purchasing a Business

October 24 – Due Diligence Checklist – Purchasing a Business

October 2024 – Client Alert

Client Alert – October 2024

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…

How to access Fuel Tax Credit claims for your business

  Many business are not aware that they are able to claim back from the ATO the fuel tax credits for the excise embedded in the cost of fuel consumed in their operations.   They…
Is your family home really tax free?

Is my family home really tax free?

      The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never that simple and many clients are…