The simple truth about capital gains
Previously, politicians (most recently, the Shorten Opposition) have proposed halving the CGT discount to 25%, or maybe eliminate it completely. Is this a good idea? Andrew Andreyev shares the simple truth
Four ways to challenge Director Penalty Notices
The ATO is using Director Penalty Notices more often. However, the ATO officers are only human and they can make mistakes. There are four main ways in which your DPN may be challenged.
What is Division 7A really all about?
If you have a company then you have probably sat in a meeting with your accountant and heard the phrase ‘that may raise Division 7A issues’. Everyone usually then grumbles and nodes wisely, and moves on… But you may be asking yourself, ‘what the hell is Division 7A all about?’ Glad you asked.
Why are company ‘tax cuts’ anti-Australian and next to useless?
We are not advocates of higher taxes. But, we are advocates of honest tax policy. So read ‘company tax cut’ as essentially a reduction in Australian tax on foreign investment. Full stop.
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
FBT and Not-For-Profits – ‘salary sacrificing’, without the sacrifice
One of the big benefits of being a not-for-profit organisation (NFP) is the availability of tax concessions. But are you making the most of the concessions available to your organisation?