Author Archives: Sally Adams
New Work From Home Record Keeping Requirements
Are you one of the five million Australians who claim work from home deductions? If
SMSF Compliance: What’s on the ATO’s Radar?
In a recent speech, ATO assistant Commissioner Justin Micale outlined the ATO’s latest compliance issues
Accommodation Sharing and Tax
The ATO has reminded taxpayers around their sharing economy tax obligations when providing accommodation. The
ATO Finalises Section 100A Guidance for Family Trusts
Do you operate your business via a family trust? The ATO released its final guidance
Can you use your SMSF Property upon Retirement?
Many SMSF trustees wonder if they can live in their SMSF property once they retire.
The Importance of Cash Flow Forecasts
As we enter into the new year, with many economists predicting a slowing of the
Reduction in Downsizer Eligibility Age
The eligibility age for downsizer contributions reduced from 60 to 55 years from 1 January
ATO New-Year Resolutions
The ATO has released its new year resolutions…and there is not a gym in sight!
Missed the Director ID Deadline?
Have you missed the deadline to apply for a director identification number (director ID)? If so,
Rental expenses in excess of income is not deductible
With many parts of Australia in the grip of a rental crisis, a significant number