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Contractor or Employee?

Just because an agreement states that a worker is an independent contractor, this does not mean that they are a contractor for tax and superannuation purposes, new guidance from the ATO warns. Where there is a written contract, the rights and obligations of the...

Can my SMSF Invest in Property Development?

Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees to dream of large returns from property development. We look at the...

Stage 3 Tax Cuts

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government. What will change? It’s not a sure thing yet! How did we get here? What now? After much speculation, the...
What you need to know about FBT 2023

What you need to know about FBT 2023

FBT 2023: What you need to know The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT updates and problem areas FBT exemption for electric cars Work from home arrangements Car parking changes Mismatched...