Blog

Tax-effective planning to minimise disputes between competing beneficiaries depends on knowing all the applicable tips, traps and practicalities. Estate and succession planning involving blended families has its own particular challenges.  An individual often wishes for their second spouse to be...

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BlendedRearHome
If your client is an employer, they will appreciate being advised what the ATO is looking out for, and the fringe benefits they’re expected to report, so they can avoid attracting its attention or making costly mistakes. In this year’s...

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DartboardHome
With the purchase of digital products such as the streaming or downloading of movies, apps, and e-books and so on becoming exponentially more popular, it is timely to examine the recently-introduced law that applies GST to digital products and services...

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MapLinesHome
For more than two years now (from 1 July 2016) two key tax incentives have been available for investors considering putting their money behind qualifying start-up businesses — or as the ATO defines them, early stage innovation companies (ESICs). The incentives provide...

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BananaSlitHome
Among the first batch of tax legislation the government dealt with in the new year was Treasury Laws Amendment (2017 Enterprises Incentives No.1) Bill, legislation that contained changes to the “same business” test. It sees the “same business test” supplemented with a more...

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PeachesHome
Gifts provided to employees or their associates will typically constitute a property fringe benefit and therefore are subject to FBT unless the minor benefit exemption applies (any item valued at $300 or less is exempt from FBT). And while gifts...

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GiftsHome
A point of clarification about an item in our last eNewsletter. In our last eNewsletter we wrote about getting a tax deduction for managing tax affairs (this was titled ‘A strategy to increase your client’s deductions for simply lodging their...

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BagHeadHome
Tax & Super Australia will be covering the Federal Budget 2019. Come back after 7.30, Tuesday April 2, 2019. Updates will be posted as details come to hand. Also keep an eye on TSA’s social media channels. Readmore

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Under the superannuation downsizer scheme, from 1 July 2018, people aged 65 and older can make a non-concessional (post-tax) contribution of up to $300,000 from the proceeds of selling what was once their family home. Existing contribution caps and restrictions...

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MovingPiggyHome
Not so many years ago, the concept of raising funds via crowdfunding would more likely be seen as a way to fund community-based, local-issue or “help-your-neighbour” initiatives. But increasingly these days crowdfunding is viewed as a viable source of seed...

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