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...
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 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...
by epoch | Dec 13, 2021 | eNews
Every year, I am asked about the tax impact of various Christmas or holiday-related gestures. Here are the top issues: Staff gifts The key to Christmas presents for your team is to keep the gift spontaneous, ad hoc, and from a tax perspective, below $300 per person....
