$20k Deduction for ‘electrifying’ your business
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges businesses towards energy…
30% tax on super earnings above $3m
Treasury has released draft legislation to enact the Government’s plan to increase the tax rate on earnings on superannuation balances…
Self-education: What can you claim?
The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses…
The case of the taxpayer who was paid too late
What a difference timing makes. A recent case before the Administrative Appeals Tribunal (AAT) is a reminder about the tax…
Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council,…
Succession: What does it take to transition your business to the next generation?
What is the end game for your business? Succession is not just a topic for a TV series or billionaire…