In the 18/19 financial year, the tax office received more than 200 tip-offs about accountants who were making inaccurate claims for their clients.
Month: October 2019
Rental Property Expenses – What You Can And Can’t Claim%3$s>
It’s not uncommon for landlords to be confused about what they can and can’t claim for their rental properties.
The Importance Of Trusts For Saving Tax%3$s>
By Pat Mannix
Keeping it complex will ensure that you can retain the most amount of money possible.
The $11.1bn Small Business Tax Shortfall%3$s>
By Ken Burk
The tax gap estimates the difference between the tax collected and the amount that would have been collected if everyone was fully compliant with the law.
Late SMSF Lodgement Resulting In No Super Guarantee%3$s>
If a SMSF is more than two weeks overdue on any annual return lodgement due date, the ATO will change their status on Super Fund Lookup (SFLU).
A No Brainer For Property Purchases And Investments%3$s>
By Pat Mannix
This tip is crucial for assisting with the financial aspect of your new property purchase.
ATO Take ‘Gloves Off’ On Overseas Income%3$s>
By Emily Kermac
The ATO have again flagged that under-reporting of foreign income is an issue.
Why Should You Use A Finance Broker For Your Business Loan?%3$s>
A finance broker can help you get approval for the most appropriate and cost-effective solution.
Easy Ways To Get Asset Protection For Your Business%3$s>
By Pat Mannix
Ensuring that you are safeguarding your assets is vital for small businesses. You never know when something may go terribly wrong.
The Keep It Complex Stupid Principle%3$s>
By Pat Mannix
I have a favourite acronym when it comes to growing a small business, protecting their assets, and keeping their taxes down.
Red Alert: Leave The Big Banks For Dead%3$s>
By Pat Mannix
An interesting article from Choice has sparked a rant from our tax champion.
8 Tips For Property Investors To Avoid Being Sprung By The Tax Office%3$s>
It is estimated that one in ten returns will contain errors in the 19/20 year.