by Pistol | Feb 9, 2023 | eNews
The ATO has released its final position on how it will apply some integrity rules dealing with trust distributions – changing the goalposts for trusts distributing to adult children, corporate beneficiaries, and entities with losses. As a result, many family...
by Pistol | Aug 18, 2022 | eNews
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only reported in your tax return when you dispose of it – you sell it, convert it to...
by Pistol | Aug 18, 2022 | eNews
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. I explore who can access the concession and how. Electric vehicles (EV) represent just under 2% of the new car market in Australia, but it is a rapidly growing sector with...
by Pistol | 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...
by Pistol | Aug 11, 2021 | eNews
Most people would think that money provided by the Government to support people and business during a crisis would be tax free? Otherwise, it’s like giving money with one hand and then taking it away with the other, isn’t it? But, the tax laws don’t work like that....
