by admin | Sep 26, 2022 | Uncategorized
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and...
by admin | Sep 26, 2022 | Uncategorized
Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire. ‘Why’? The golden rule for acquiring assets inside your SMSF is why? To be compliant, your fund must be maintained for the sole purpose of providing retirement benefits...
by admin | Sep 26, 2022 | Uncategorized
The tax system currently allows Australia to tax payments made by an Australian customer in relation to technical services provided by an Indian firm, even when the services are provided remotely. This is due to the wording contained in the double tax agreement...
by admin | Sep 15, 2022 | Uncategorized
Making contributions between 1 July 2022 and 31 October 2022 There is a transitional period between 1 July 2022 and 31 October 2022 to allow you to update your systems to the new USI. We’ll continue to accept your contributions to the former Sunsuper USI during this...
by admin | Aug 16, 2022 | Uncategorized
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only reported in your tax return when you dispose of it – you sell it, convert it to...
