Claiming tax deductions for work-related expenses is one of the ATO’s target areas this year. It’s a very basic tax issue, but not alway…
Terry Hayes is the editor-in-chief of tax news reporting at Thomson Reuters, a leading Australian provider of tax, accounting and legal information solutions.
Claiming tax deductions for work-related expenses is one of the ATO’s target areas this year. It’s a very basic tax issue, but not alway…
The R&D Tax Incentive is a targeted entitlement program designed to help businesses offset some of the costs of doing research and devel…
Starting a business is a challenging prospect. There are many issues to consider and tax is just one of them. But, getting the tax wrong can…
The excess concessional superannuation contributions tax regime was criticised as being unfair and inefficient. Many cases were before t…
I know I am speaking to the converted here, and this is not news to SMEs, but in this election year, a campaign being run by the Australian …
Employers are required to deduct tax from salary and wages paid to employees, plus they are required to pay the 9% (to rise to 9.25% from Ju…
The issue of how to take advantage of the skills and experience of older workers is becoming more important as baby boomers age and leave th…
The use of trusts by taxpayers and businesses is widespread. They are used for all sorts of legitimate business reasons, but there has been …
For many SMEs, paying their employees’ compulsory 9% superannuation under the superannuation guarantee scheme can be an administrative night…
Tax 101 doesn’t get much more basic than the need for keeping proper and adequate records to substantiate tax claims. Without good recor…
While speculation continues apace about possible tax and superannuation changes in the upcoming federal budget, some positive news on the GS…
A recent court case has demonstrated the limitations of the Tax Office’s power to collect tax. The case dealt with one of the Tax Commi…