Tax Implications of Crowdfunding
Crowdfunding is a method of raising funds for a project through the general public. As this is a rapidly evolving field the tax...
Personal Services Income
Are you earning other income apart from your employment and you are not sure of how to classify them? Income from employment is not the...
The Clamp Down on 'Black Market' Trading using cash
Following a successful trial that has collected over $110 million in fines and non reported tax, the Australian Tax Office is expanding...
Tax Treatment of Crypto-Currencies: Bitcoin
Bitcoin is a crypto- currency that roughly sits at 1% of the size of the US economy. The currency does have tax considerations, with a...
First Home Owner, Super Saver Scheme
Saving for your first home? Then there is most definitely going to be a use of using the Super Saver Scheme. Up to $15,000 can be made as...
Work-related travel deductions
Work related travel is a common deduction claimed annually. A trip as part of your occupation will incur costs whether they are short to...
Tax Planning: Frankly there are better ways to distribute your profits
Tax planning allows an appreciation through estimating a clients' of the current year financial performance. Based upon this an...
Trusts: A form of Asset Protection
A trust is a legal arrangement where assets are held by a person or company, referred to as a trustee, for the benefit of others, such as...
When do I need to Lodge My Tax?
The statutory due date for an individual tax return is the 31st of October. Beyond this point you can only avoid penalties if you lodge...
Business Structure: Start-up Businesses & Restructuring
There are many different business structure arrangements to select from, with ranging benefits and penalties depending on your situation....