Draft guidelines for community charities operating as DGRs
Treasury recently released draft guidelines setting out the proposed rules which community charities must follow to receive and maintain […]
ATO’s tips for small businesses to ‘get it right’
While the ATO knows most small businesses try to report correctly, it understands that mistakes can happen. ATO Deputy[…]
Taxpayer unsuccessful in his claim for various types of expenses
In a recent decision, the AAT rejected in full a taxpayer’s claims for “several classes or categories of deductions.”[…]
Draft legislation released regarding beneficial ownership disclosure
Draft legislation has been released to amend the Corporations Act 2001 to enhance the substantial holding and tracing notice[…]
Important changes to HELP and student loan repayments
The Government recently announced changes to repayments for the Higher Education Loan Program (‘HELP’) and other student loan schemes.[…]
ATO tax return requirements for SMSFs for 100% in pension phase
We received several questions from attends about whether an SMSF that is 100% in person phase is still required[…]