Christmas and the Taxman
When do employee gifts and celebrations attract fringe benefits tax (FBT)? And when are they exempt? [pdf-embedder url=”https://chasefinance.com.au/wp-content/uploads/2021/10/Article-5.pdf”] Read more
SuperStream deadline
fast approaching
SMSF trustees must get ready to process rollovers via SuperStream by 1 October 2021. This means trustees will no longer able to send and receive paper rollover benefit statements and cheques between superannuation funds. [pdf-embedder url=”https://chasefinance.com.au/wp-content/uploads/2021/10/Article-4.pdf”] Read more
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 your sibling also inherits a half-share of these? [pdf-embedder url=”https://chasefinance.com.au/wp-content/uploads/2021/10/Article-3.pdf”] Read more
Home as a place of business during COVID:CGT implications
The COVID-19 pandemic has resulted in more employees working from home than ever before. Where part of a home is being used as a business to generate assessable income, the homeowner will not be able to sell their home CGT-free. The rules for calculating a partial CGT on main residence can be difficult to apply.… Read more
Compensation payments: Avoiding contribution issues
Superannuation fund trustees who receive compensation from financial institutions and insurance providers must consider how receipt of these payments may impact a member’s contribution caps. [pdf-embedder url=”https://chasefinance.com.au/wp-content/uploads/2021/10/Article-1.pdf”] Read more
Riding the second wave: The economic effects of Delta
The overseas experience suggests that at some stage we would be confronted with another virus ‘wave’. Here’s what we understand from other countries. Read more
