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The ATO allows certain taxpayers to claim a deduction for the cost of buying and cleaning occupation-specific clothing, items of protective wear and for certain unique, and usually distinctive, uniforms.
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Christmas and the Taxman
When do employee gifts and celebrations attract fringe benefits tax (FBT)? And when are they exempt?
SMSF trustees must get ready to process rollovers via SuperStream by 1 October 2021. This means trustees will no longer…
Inheriting rental properties jointly A dilemma?
Imagine you’re lucky enough to inherit, say, four post-CGT rental properties from a deceased parent – but what happens when…