From www.accountantsdaily.com.au: CA ANZ is urging the government to abolish the Superannuation (Better Targeted Superannuation Concessions) Bill 2023 due to significant design flaws, including … read more
Gabby Goessling was left in tears after realizing she had been receiving final warning letters from the ATO at her old address due to not … read more
From www.abc.net.au: Millie lost her family home due to a court ruling that held her responsible for her ex-partner’s substantial tax debts, despite her … read more
From worrells.net.au: Businesses facing financial difficulties might consider abandoning their company, but this can lead to serious consequences, including personal liability for directors due … read more
From www.accountantsdaily.com.au: The Senate Economics Legislation Committee has recommended a bill to deny income tax deductions for general interest charges (GIC) and shortfall interest … read more
From atlaswealth.com: Australian expats generally need to lodge a tax return only if they have Australian-sourced income or outstanding HECS/HELP debts, and non-residents do … read more
From www.bantacs.com.au: A clearance certificate is now mandatory for selling any real estate in Australia to prevent withholding 15% of the sale price by … read more
From apimagazine.com.au: Despite high interest rates, robust investor activity continues in the property market, with a shift towards attached dwellings like units, townhouses, and … read more
From Yahoo Finance: ‘An Aussie had her $25,000 claim knocked back and accountant Will Buckley said it’s a timely reminder for everyone.’
‘Self-education deductions … read more
From ministers.treasury.gov.au: Jim Chalmers highlights the positive impact of Labor’s tax cuts a year after their implementation, stating that 14 million taxpayers have benefited … read more
From www.kiplinger.com: (US context) High-net-worth individuals (HNWIs) should create a comprehensive financial snapshot that includes key elements such as net worth, cash flow, investment … read more
From www.moneymag.com.au: Qantas has announced a significant change to its frequent flyer program, increasing the points required for upgrades and rewards, while allowing members … read more
From www.bantacs.com.au: Debt recycling often misleads individuals into believing that moving funds can transform non-deductible debt into tax-deductible debt, which is contingent on the … read more
From www.accountantsdaily.com.au: The ATO is intensifying scrutiny on approximately 2.2 million landlords by collecting rental bond data to identify underreported income and tax non-compliance.… read more
From atlaswealth.com: Australian expats must address several legal considerations to ensure compliance with local and international laws when living abroad.
Key steps include reviewing … read more