2018 FBT Year End Tips

The Fringe Benefits Tax (FBT) year ends on 31 March. Here is some important information we want to share with you. Should I be registered for FBT? If you have employees (including Directors of a company) then it’s possible your business needs to register for FBT....

Key tax issues for investors pre and 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...

When can I claim self-education expenses?

If you undertake study related to your work, you can claim the costs of that study as a tax deduction if your employer has not already paid for your expenses.  There is no limit to the value of the deduction you can claim. While this all sounds great, there are issues...

State Tax Surcharge for Family Trusts

Recent changes to state laws may trigger a surprise tax bill for family trusts (discretionary trusts). Surcharge on foreigners purchasing land The problem for family trusts stems from recent legislative changes in NSW, Victoria and Queensland that impose a surcharge...