by epoch | Dec 4, 2017 | eNews
The ACCC has issued a warning to businesses charging excessive credit card fees. One large merchant has already been issued with four infringement notices and has paid $43,200 in penalties. The new rules, which came into effect from 1 September 2017, prevent merchants...
by epoch | Dec 4, 2017 | eNews
The tax law does not allow you to ‘flip’ a property tax-free even if you are living in it. Most people think they can move into a property, renovate it, and then sell it without paying tax. The main residence exemption – the exemption protecting your family home...
by epoch | Nov 1, 2017 | eNews
Entities with a global parent or that are part of a large group of companies are being caught in the multinational tax crackdown regardless of their size in Australia. With effect from 1 July 2016, many smaller entities connected to a larger parent or group are now...
by epoch | Nov 1, 2017 | eNews
The detail of the Government’s crackdown on cleaning and courier companies was revealed late last month. From 1 July 2018, the taxable payments reporting system will extend beyond the building industry to cleaning and courier businesses. This means that these...
by epoch | Oct 31, 2017 | eNews
Legislation restricting access to the small business company tax rate reduction entered Parliament last month. The changes specifically preclude companies with passive investments such as rental property income from qualifying for the small business entity tax rate of...