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Money Doesn’t Come Without Guidance ...

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23
May

TAX ON CROWDFUNDING

The practice of raising fund and finding supports using internet and/or social media is known as Crowdfunding. Any individuals involved in crowdfunding needs to be aware of the tax consequences. Based...

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23
May

FRINGE BENEFITS TAX (FBT)

Are you providing fringe benefits to your employees? Then you become liable to pay fringe benefits tax (FBT). FBT is a tax employers pay on certain benefits provided to their employees. The tax is lev...

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23
May

WHAT ARE THE DIFFERENT TESTS OF DEMERGING? EXPLAIN.

Restructuring of a corporate or fixed trust group by splitting into groups is known as demerger. Stockholders in the parent company (or “head entity”) get direct ownership from indirect access in ...

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23
May

NET INCOME OR LOSS FROM BUSINESS OPERATION

If your business is running at a loss or producing profit for you then what effect does it have on your tax? If your business provides net income for you then as a sole trader you can declare your in...

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23
May

TAX ON FOREIGN INCOME AND INVESTMENTS

If you are a resident of Australia (unless you are a temporary resident) and you have an overseas investment, or you are earning interest on an investment you made in abroad, you have to pay tax on it...

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