by Mark Cusack | Feb 24, 2022 | eNews
The Australian Taxation Office’s finalised position on the allocation of profits from professional firms starts on 1 July 2022. The ATO’s guidance uses a series of factors to determine the level of risk associated with profits generated by a professional services firm...
by Mark Cusack | Feb 24, 2022 | eNews
The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible for individuals and exempt from fringe benefits tax (FBT) for employers if purchased for work purposes. There has been confusion over the tax treatment of RAT tests with the...
by Mark Cusack | Feb 24, 2022 | eNews
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message – walk boldly with courage. And it seems the Reserve Bank Governor is aligned with this sentiment. The Tiger economy At...
