by Jerry Zhao | 19/Jun/2012 | Tax
Another financial year is about to finish! As a business owner, there are many obligations that you need to consider and action over the next few weeks. We have outlined some of these below to assist you. 1. Key 2012 Year End Reminders Date Action Required Before 30...
by Jerry Zhao | 17/Jun/2012 | Tax
From the 2011/12 financial year, Trustees who distribute the income of a Trust through a resolution to beneficiaries must do so by the end of the financial year (June 30) for the resolution to be effective in determining who is to be assessed on the Trust’s...
by Jerry Zhao | 7/Jun/2012 | Uncategorized
A recent Australian Tax Office (ATO) interpretative decision has confirmed that a member can make a contribution to a self-managed super fund (SMSF) prior to 30 June 2012, claim the deduction for the 2012 financial year, and the trustee of the SMSF can allocate the...
