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Our regular commitment to bringing you news across the areas of tax, accounting and wealth.
What is a tax loss, and how can it be turned to good use?
If you operate a business that makes a loss you can generally carry forward that loss and claim a deduction...
The CGT implications of subdividing and building on the family property
If you have the available land of course, the above is a solid strategy. However it can cause headaches from...
Be prepared: What you need to bring to your tax return appointment
To "be prepared" is not just a great scouting motto, but a wise approach for everyone, especially at tax time....
ATO waves a red flag on deductions for holiday rentals
The ATO recently issued a statement saying that last year it identified a large number of mistakes with deductions for...
