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Can I claim my crypto losses?
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. Are you eligible to access the 50% Capital Gains Tax (CGT) discount and halve the tax you pay?
... read more2022 Tax Checklists
We have taken the time to prepare comprehensive Tax Checklists, designed to guide you in providing all the correct and relevant information to maximise your tax return.
... read moreTax & the family home
Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption.
... read moreWhat changed on 1 July?
A reminder of what changed on 1 July 2022 for businesses and individuals
... read moreTax Time Targets
The ATO has flagged four priority areas this tax season where people are making mistakes.
... read moreATO refocus on debt collection
The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a tax debt. That position has now changed!
... read more14 Tips for Tax Planning 2022
The end of financial year is fast approaching, which means it’s time to start thinking about your tax! We have 14 tax saving tips to help you prepare and manage your Business’ financial accounts throughout the year.
... read moreTrust Planning This Year Needs To Be Done Carefully
In order to prepare your trust for the end of the financial year, there are multiple obligations that you need to fulfil as a trustee. Planning for your trust’s future is just as important as tax planning or business planning, so it’s encouraged that you take an active role.
... read more