The ATO on the COVID-19 fraud warpath
Australian Taxation Office initiatives are searching out fraud and schemes designed to take advantage of the Coronavirus Economic Response Package.
Warning: ATO Text Scam
Ever since the invention of the Internet, there has always been a wide variety of scams floating around. A popular type of scam that we
The Coronavirus pandemic and the economy: A Q&A from an investment perspective
This note provides a simple Q&A for most of the main issues from an economic and investment perspective. To the extent simple answers are possible in this environment.
ATO targets incorrect claims for ‘lifestyle’ assets
The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts.
CGT and the family home: expats and foreigners excluded from tax exemption
Late in 2019, legislative changes were made that exclude non-residents from accessing the main residence exemption.
COVID-19 Second $66.1bn Stimulus Package: What you need to know
On Sunday 22 March, 2020 the Government released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes corporate insolvency laws.
RBA Emergency Interest Rate Cut
Amid a slide towards a global recession, the Reserve Bank of Australia (RBA) has held an out-of-cycle emergency meeting.
What types of insurance should a business have?
Insurance often seems like an enormous waste of money… until you need the cover.
The Coronavirus Stimulus Package: What you need to know
The yet to be legislated four part package focuses on business investment, sustaining employers and driving cash into the economy.
Starting up an allied health practice in six steps
You’ve cracked enough backs, navigated enough tangled muscles, or smelt enough feet.
Should cryptocurrency investors have a SMSF?
Self-Managed Superannuation Funds (SMSFs) are currently the fastest growing sector within the superannuation industry.
How does CGT work for Airbnb rental properties?
Airbnb rentals are treated uniquely when it comes down to Capital Gains Tax (CGT) and Income Tax.
Purchasing Property In Trusts In Victoria
The SRO have recently announced that any discretionary trust purchasing property in Victoria will need to have an express beneficiary exclusion clause to avoid the additional purchaser duty of up to 8%.