Uncategorized

October 29, 2018

Main residence CGT exemption about to slip through foreign owners’ fingers

As most readers will know, prior to 1985 Australia had no general tax on capital gains. But after the capital gains tax (CGT) regime was introduced […]
October 18, 2018

No more deductions for non-compliant payments

The government recently released exposure draft legislation that removes the ability of taxpayers to deduct certain payments – including payment of wages and payments to contractors […]
September 18, 2018

Will new LRBA rules stymie your SMSF contribution plans?

An “integrity” measure, which aimed to stop SMSF trustees from manipulating their total superannuation balance in order to keep below the $1.6 million threshold, may have […]
September 4, 2018

Self-employed? You could claim a deduction for saving for your retirement

A recent change to the rules around superannuation means that more Australians may be eligible to claim a tax deduction for putting money into super. Before […]