Tax Tag

SMSF Newsletter – 2019 Winter edition

The 2019 Winter Edition of our SMSF Newsletter has arrived, click HERE for your copy. _______________________________________________________________________________ Highlights in this edition include: New Contribution Rules - the catch-up contribution rules and new work test exemption now apply ATO Update - New ATO guidance for reversionary pension recipients Trustee...

We’ve Moved!

Our new home is at Unit 5, 13-15 King William Road, Unley The Australia Day long weekend and following week was our big move to our new home.  We are starting to settle in and it’s all looking good.  A little ongoing construction but we’ll be...

Claiming Home Office Expenses for Businesses

There is a lot of hearsay, rumour and innuendo about claiming home office running expenses for your business, but the rules are really, very straightforward and easy to apply. Most people operating a business and working from home can use their additional utility costs (gas, electricity,...

Ahead Of The Game – EPISODE 7: Prof Noel Lindsay (Entrepreneur Education Part 2)

In this episode we continue our theme of entrepreneurship education with Professor Noel Lindsay. Professor Lindsay heads up entrepreneurship at the University of Adelaide – as Pro Vice Chancellor of Entrepreneurship, Director of the Entrepreneurship, Commercialisation and Innovation Centre (ECIC) and Academic Director of the University’s...

The SME $20,000 instant asset write-off: can you utilise this deduction?

Do SMEs understand the $20,000 instant asset write-off ? Recent industry research suggests NO; it shows that up to two-thirds of businesses are underutilising this tax deduction. This is NOW relevant for business entities with an aggregated trading turnover of under $10 million for the 2017 financial...

GST Mistakes By Small Business And How To Get It Right!

Are you a small business? Could you be making these simple mistakes on your Business Activity Statements? 1 July 2017 marks 17 years of GST in Australia. However, after nearly two decades of GST treatment on Business Activity Statements, many small businesses are still making some...

Donations: The Gift That Keeps On Giving!

Making a charitable donation is not only a great way to give back to the community, but it can also help to reduce your taxable income. If you’re feeling a little generous, here’s a KMT good news story to encourage you to donate and claim...

TaxWise Business Newsletter – June 2016

Please click the attached link for the June Edition of: "TaxWise Business News - June 2016"   TaxWise Business News is a quarterly bulletin, which will keep you updated on important tax matters that may affect you or your business. In this Edition: The end of the financial year is coming! 2016-17 Federal Budget...

TaxWise Business Newsletter – May 2016

Please click the attached link for the Special Budget Edition of: "TaxWise Business News - May 2016"   TaxWise Business News is a quarterly bulletin, which will keep you updated on important tax matters that may affect you or your business. In this Edition: Budget measures affecting individuals and families Small business measures Changes...