The Australian Tax Office must have one monster computer system to store all the data it continues to accumulate! The use of data-matching (…
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.
The Australian Tax Office must have one monster computer system to store all the data it continues to accumulate! The use of data-matching (…
Family businesses are a very large part of the backbone of SMEs in Australia. How strange then that the term “family business” is not even d…
The Australian Tax Office has been using small business benchmarks for a number of years. This approach has not been without controversy, wi…
In a recent speech, the Assistant Treasurer, David Bradbury, indicated the federal government was not in a position to lower the current $1,…
The viability of a business is of course of keen concern to the business owner. The owner’s livelihood depends on it. But the Tax Office…
Thousands of self-managed super funds continue to be set up. Their attractions seem to know no bounds. However, there are a large number of …
The small business capital gains tax concessions are valuable to many SMEs. They can reduce the value of capital gains on which tax must be …
The growth of self-managed super funds (SMSFs) continues its upward path. The investment by the sector in property is also on the rise. But …
The taxation implications of insurance payouts can become quite “messy” and are not always clear. A recent decision by the Administrative Ap…
Determining whether someone is employed as an employee or a contractor is an important issue for SMEs to get right. Certainly there are tax …
Businesses can be entitled to refunds of GST from time to time. However, under the law, there is a four-year time limit on claiming those re…
The red mist has descended! Something has to give! The law is the law – we all know that. The courts and tribunals have to apply the la…
