Building a new home? Is it exempt from CGT?
There is a concession in the CGT rules that can allow a taxpayer to treat a property as their “main residence” even though it does not yet have a habitable dwelling.
Read MoreTaxpayers still guilty until proven innocent
Small business and individual taxpayers hit with hefty tax bills that they want to dispute will continue to be held guilty until proven innocent, and the Australian Taxation Office won’t have its appeals and compliance functions split under a separate commissioner, the Federal Government has said.
Read MoreClient in Focus: Central Coast Disability Network
Our client in focus for this month is Central Coast Disability Network.
We speak with CEO, Jenny MacKellin, on the establishment of the organisation, discussing its’ changes over time and how the team has responded to recent challenges within the industry.
Read MoreTED Talks: Achenyo Idachaba – How I turned a deadly plant into a thriving business
The water hyacinth may look like a harmless, even beautiful flowering plant – but it’s actually an invasive aquatic weed that clogs waterways, stopping trade, interrupting schooling and disrupting everyday life.
In this scourge, green entrepreneur Achenyo Idachaba saw opportunity. Follow her journey as she turns weeds into woven wonders.
Read MoreEstate planning – what you need to know
Estate planning involves much more than having an up to date WIll. It is more important to ensure that your assets are distributed in the most effective manner and without adverse tax consequences for your beneficiaries.
Read MoreThe quick and easy way to keep track of your deductions – all year
The Tax Office has released an app to help individuals record and manage income tax and work-related expense deductions over an annual period.
Read MoreMandatory drug and alcohol testing under the Building Code 2013
From Friday 16 October 2015, the new fitness for work amendments to the Building Code 2013 commenced for all building contractors covered by the Building Code. Fair Work Building & Construction (FWBC) is responsible for monitoring compliance with the Building Code and will have a three stage approach to auditing the drug and alcohol testing requirements.
Read MoreClient in Focus – Mega Save Chemist
This month’s Client in Focus is the well-known Mega Save Chemist, Erina.
We chat with owner, Luca Boffo, about how he got into pharmacy and how he, his business and his team have developed and tackled challenges.
Read MoreTED Talks: Kate Adams – 4 larger-than-life lessons from soap operas
Soap operas and telenovelas may be (ahem) overdramatic, but as Kate Adams shows us, their exaggerated stories and characters often cast light on the problems of real life.
In this sparkling, funny talk, Adams, a former assistant casting director for “As the World Turns,” share four lessons for life and business that we can learn from melodramas.
Read MoreChristmas party: Examples from the ATO
The Christmas party decision tree – this flowchart will help businesses work out the general tax implications of the year-end Christmas party.
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