Different Main Residences for Australian Spouses
Occasionally, Australian spouses may have separate primary residences from their partners. This triggers specific Capital Gains Tax (CGT) rules, allowing...
11 September, 2023
Blog
Self-Managed Super Fund (SMSF) Update and 2024 Financial Year Planning
30 JUNE 2024 MINIMUM PENSIONS Each year, the Government requires SMSF members receiving an income stream (Retirement phase pension) to withdraw...
07 August, 2023
Claiming working from home Expenses
By Sally Beveridge and Adam Kanarek During the lockdowns in 2020 and 2021 many of us had to work from home....
07 August, 2023
Masters course fees not deductible as self-education expenses
The Administrative Appeals Tribunal (‘AAT’) has held that tuition fees for a public policy Masters course were not deductible, on...
31 July, 2023
Proportional indexation of transfer balance caps from 1 July 2023
The ATO reminds taxpayers that, on 1 July 2023, the general transfer balance cap will be indexed. Individuals will have...
31 July, 2023
Know your private company loan arrangements before you lodge
The ATO advises taxpayers that, if they or an associate take a loan from their private company, they should not...
31 July, 2023