Changes to Stamp Duty Law in Victoria. From 1 July 2017, changes will take effect to the benefits that are available to purchasers of property in Victoria. First Home Buyers In addition to the payment of the purchase price, most sales of land in Victoria currently require that purchasers have a minimum deposit of ten […]
read more »
Super Reform: What SMSFs Absolutely Need To Consider Before 30 June. The wide-ranging superannuation reforms come into effect on 1 July 2017. With the changes come a series of issues that Trustees need to be across, even if they don’t immediately affect you or your fund: Understand the value of assets at 30 June At […]
read more »
Investment Property: Pre & Post 30 June. Anyone with investment property in Australia is probably feeling a little edgy with all the recent media attention on deductions, affordable housing, and negative gearing. We take a look at some of the key tax issues for investors pre and post 30 June: No more deductions for travelling […]
read more »
ATO Issues Notices To Outlaw Motor Cycle Gang Members. Two hundred Outlaw Motor Cycle Gang members have been served notices by the Australian Taxation Office (ATO) for failing to comply with their tax obligations. We hope for the sake of the ATO staff the notices were delivered by mail! There are not a lot of […]
read more »
Cleaning and Courier Companies Targeted In Black Economy Crackdown. Buried amongst the Federal Budget announcements was a concerted attack on the black economy that will affect most cleaning and courier businesses across Australia. From 1 July 2018, the taxable payments reporting system will extend beyond the building industry to cleaning and courier businesses. This means […]
read more »