When the taxman sends a bill, not a refund
While most people look forward to receiving a tax refund once their return is processed by the ATO, it is also not unheard of to receive a tax bill on occasion. Read more
Steps to take when winding up your SMSF
There will most likely come a time when your SMSF will need to be wound up, with a change in members, the fund’s finances, perhaps separation or other family causes among the many reasons why winding up the fund becomes necessary. Read more
Getting deductions for clothing and laundry expenses right
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. Read more
Avoid common mistakes in your business return, and include appropriate income
We know you want to get your tax right, so it may help you this tax time to know how to avoid making what the ATO has found are the most common tax mistakes. Read more
A better economy = more confident firms
The economy has roared back to life, spurred on by very low interest rates and big budget deficits. Here’s what’s in store for the rest of the year. Read more
How to reduce business operating costs – no matter what your industry
Adjust the way your business operates – pay on time, go green and cancel unused services – and reap the rewards in reduced costs. Read more
