As a taxpayer, you mustn’t forget it is your obligation to ensure that your tax return is correct. You cannot just assume that by using the services of a Registered Tax Agent to prepare & lodge your tax return, that your obligations are reduced. In recent rulings, the ATO has emphasised that taxpayers cannot use the Read More…
SMSF’s & Illegal Activities
Wednesday 1 April, 2015 by
With the number of self-managed super funds growing by the day, SMSF’s are being targeted by scammers who want your money. An offer to help you get your superannuation money early might seem like a great idea. But if you agree to it you could end up in a lot of trouble. Accessing your super Read More…
Minimising Tax
Friday 27 March, 2015 by
With the end of the 2015 tax year fast approaching us, it’s that time of year again when people start looking at different ways to minimise their tax. I would suggest that this search for a tax-effective investment be taken with caution as it also brings with it a risk of increased ATO scrutiny. There are different Read More…
Investment Properties & Tax Depreciation
Friday 25 July, 2014 by
As the owner of an investment property you’re entitled to claim depreciation on your building and its fixtures and fittings. Claiming depreciation is a significant taxation benefit, and one which many investors are unaware of. As a building gets older and items within it wear out, they depreciate in value. The Australian Taxation Office (ATO) Read More…
Federal Budget highlights
Friday 16 May, 2014 by
As a local tax accountant in Burwood, I am loking forward to outining the important features of the Federal Budget. If you would like to discuss this or any other matter, please do not hesitate to contact us. Below is a summary of the key features and how they could affect you Medicare levy low Read More…
