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23
May
  • Posted By : Administrative
  • Category: Income
  • Comments: 0

SHARE INVESTMENT AND TAX IMPLICATION

Income you receive from investing in shares will generally be taxed at your marginal tax rate. Basically, if you buy shares for one price and sell them for another price then the difference between th...

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23
May
  • Posted By : Administrative
  • Category: Medicare
  • Comments: 0

LIFETIME HEALTH INSURANCE

Federal Government initiated lifetime Health Cover (LHC) in July 2000, which was designed to encourage the people of Australia to take out private hospital insurance earlier in life and to maintain th...

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23
May
  • Posted By : Administrative
  • Category: General Tax Topic
  • Comments: 0

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
  • Posted By : Administrative
  • Category: Income
  • Comments: 0

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
  • Posted By : Administrative
  • Category: Capital Gain Tax
  • Comments: 0

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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