15
MAY
2017 Federal Budget - How does it affect you?
On Tuesday the 9th of May the treasurer Scott Morrison delivered the much anticipated 2017 Budget. The big ticket items predominately related to housing prices, spending on infrastructure and education, family violence spending and reforms to the welfare system. We summarise some key points from Tuesday night and how they will affect taxpayers.

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28
APR
Mandatory Data Breach Notification Laws
As of 13th February 2017 the Federal Parliament passed amendments to the Privacy Bill which now makes it compulsory for businesses to notify authorities of data breaches. The legislation affects all private sector businesses (including not-for-profits) with a turnover greater than $3m.

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24
Feb
Upcoming changes to superannuation rules
Some of the biggest changes to superannuation since the early 90s are coming into effect from 1 July 2017.

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27
Jan
Changes to the "Backpacker Tax"
On 1 January 2017, tax rates changed for working holiday makers who are in Australia on a 417 or 462 visa.

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21
Oct
Changes to UK Capital Gains Tax for Non-Residents
On 6th April 2015, the UK introduced Capital Gains Tax for non-residents selling a UK residential property.

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07
Oct
Business structures & the CGT Small Business Concessions
Business owners may be able to access the small business CGT concessions which can significantly reduce the CGT payable on the sale of a business.

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26
Aug
Why every business should have internal controls
Internal controls are the processes, checks & balances that need to be put into place to reduce the likelihood of errors, duplication, omissions or fraud

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04
Aug
Rental Property - Capital Allowances and Depreciation
One of the biggest deductions you can claim on your rental property relates to capital allowances and tax depreciation.

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6
Jun
How is your superannuation dealt with upon your death?
Superannuation is not dealt with in accordance with the terms of your will and is not deemed to be an Estate asset nor a personal asset.

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27
May
ATO's new guidelines on related party loans to SMSF's
The ATO has recently released guidelines concerning related party loans. SMSF Trustees may need to take action to adjust borrowings in order to reflect the conditions set out in the new guidelines.

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