by Jerry Zhao | 27/Jun/2018 | Blog Hot 01, Tax, Year-end financial preparation
Reducing your tax exposure, maximising the opportunities available to you, and reducing your risk of an audit by the regulators are s in your best interests. With the end of the financial year fast approaching, this update will help you do exactly that: In brief...
by Jerry Zhao | 26/Jun/2017 | Blog Hot 02, Tax
Do you run a cleaning or courier business in Australia? If so, you’d want to know that buried amongst the recent Federal Budget announcements were new reporting requirements for these industries. From 1 July 2018, the taxable payments reporting system will extend...
by Jerry Zhao | 4/Apr/2017 | Blog Hot 02, Tax
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...
by Jerry Zhao | 4/Apr/2017 | Blog Hot 01, Tax
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...
by Jerry Zhao | 15/Sep/2016 | Blog Hot 01, Tax
How the ATO treats Uber & Airbnb style services: what you need to know So what happens when you start driving for Uber and offering your home up for Airbnb? Given that so many of these services are provided through sharing platforms, the Australian Tax Office...
by Jerry Zhao | 21/Jun/2016 | Blog Hot 01, Tax
New rules to prevent foreign residents from avoiding tax when they sell Australian property will affect everyone buying or selling property with a market value of $2 million or more from 1 July 2016. Many transactions involving shares in a company or units in a trust...
