Blog

Money Doesn’t Come Without Guidance ...

Blog Image
24
May
  • Posted By : Administrative
  • Category: Deductions
  • Comments: 0

HOW WILL A TAXPAYER DEAL WITH DAMAGED OR DESTROYED PROPERTY DUE TO DISASTERS?

If a taxpayer is affected by a disaster, for example, a flood, bushfire or storm, then the taxpayer can claim their loss of damaged or destroyed property. If a taxpayer's personal assets such as h...

Read More

Blog Image
24
May
  • Posted By : Administrative
  • Category: Capital Gain Tax
  • Comments: 0

15-YEAR EXEMPTION CGT CONCESSIONS FOR SMALL BUSINESSES

The Capital Gains Tax (CGT) concessions for small businesses apply to provide a measure of CGT relief to eligible small business taxpayers for disposal of certain assets. Once the owner has qualifi...

Read More

Blog Image
24
May
  • Posted By : Administrative
  • Category: General Tax Topic
  • Comments: 0

WHY DO SHARES AND OTHER SECURITIES BECOME WORTHLESS?

When a liquidator or administrator declares that the shareholder or bondholder will receive no further distribution in case of winding up the company, then securities of that company become worthless....

Read More

Blog Image
24
May
  • Posted By : Administrative
  • Category: General Tax Topic
  • Comments: 0

WHAT IS REMISSION OF PENALTIES AND HOW CAN AN INDIVIDUAL REQUEST A REMISSION OF PENALTY?

Now and then, you may find that you have been penalised by the Australian Tax Office (ATO) for misconduct. This misconduct may arise for not taking reasonable care in claiming a deduction to which you...

Read More

Blog Image
24
May
  • Posted By : Administrative
  • Category: Income
  • Comments: 0

WHAT ARE THE PRE-REQUISITES FOR NOT-FOR-PROFIT (NFP) ORGANISATIONS? WHAT ARE THE DIFFERENT NFP ORGANISATIONS?

Not-for-profit organisations are those which do not operate for making profit for their owners and other members, rather they operate for meeting its purposes only. However, ATO recognises an organisa...

Read More

Latest Posts

Popular Post

We provide the fastest, easiest and most effective online tax return solution