by Peter McCarthy | Dec 14, 2019 | Taxation
Most people’s “to-do” list when they are planning a trip overseas will likely include items such as travel insurance, phone chargers or taking photos of their passport — but probably the last thing on anyone’s minds will be their likely tax situation before, during or...
by Peter McCarthy | Oct 8, 2019 | Taxation
Before the last election, the Federal government promised a series of tax cuts and economic stimulus measures. One of these was an offset to benefit Low to Middle-Income earners. This new offset called the “Low and Middle Income Tax Offset” is now law....
by Peter McCarthy | Oct 1, 2019 | Taxation
There can be varied sources for some of the myths about tax deductions —pub-talk, BBQ-banter, your hairdresser, the guy at work, what your Uber driver’s girlfriend’s mother said. We sort out fact v fiction. At the start of this year’s tax season, we saw...
by Peter McCarthy | May 10, 2019 | Taxation
There is only a short time before the Federal Election on 18 May 2019, and there’s a lot of wild speculation and “fake news” in the media. We’re not trying to recommend whom you should vote for, but instead, we believe that it is vital that our clients understand how...
by Peter McCarthy | May 5, 2019 | Taxation
Who doesn’t love a good statistic? It’s even better when they are taxation statistics. Each year the Australian Tax Office publishes an annual report on taxation statistics that provide valuable information about the financial state of our country. The...
by Peter McCarthy | May 2, 2019 | Taxation
The budget’s boost to instant asset write-off is now law Federal Budget night announced an increase in the instant asset threshold, and also an extension of which businesses could access the measure. Now the Treasury Laws Amendment (Increasing and Extending the...
