by epoch | Apr 21, 2023 | eNews
When you start a business, it inevitably consumes not just a lot of time but a lot of cash, and much of this is money you have already paid tax on. So, it only seems fair that when the business is up and running, the business can pay you back. Right? There are myriad...
by epoch | Apr 21, 2023 | eNews
Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every business owner should consider. Business transactions often include earn-out clauses where the vendors ‘earn’ part of the purchase price...
by epoch | Apr 21, 2023 | eNews
Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new details on electric vehicles. The FBT exemption for electric cars Suppose your employer provides you with a car classified as a zero or...
by epoch | Jul 8, 2022 | eNews
Everyone knows you don’t pay tax on your family home when you sell it…right? I 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. Capital gains tax (CGT) applies to...
by epoch | Dec 13, 2021 | eNews
2021 was supposed to be the year we returned to a post-COVID normal. However, the pandemic has fundamentally changed the way many of us operate in our personal and work lives. Here is some of what we can expect in 2022: Federal Election The Federal election will...
