IMPROVEMENTS TO GST RISK ASSESSMENT

Are you a business that has had a GST refund held up as a part of the ATO’s risk assessment program to verify GST refunds? The Inspector-General of Taxation (IGT) has recently completed and released his review into ATO’s practice and the findings are surprisingly good for the ATO.

Read More
Belinda Frazer
DOES YOUR SMSF HAVE A SOLE PURPOSE

The sole purpose test is one the fundamental requirements for SMSFs to obtain tax concessions. It requires that the SMSF be maintained for the sole purpose of providing retirement benefits to its members or their dependents if a member dies before retirement.

Read More
Belinda Frazer
SMALL BUSINESS TAX CONCESSIONS

If your think your business is a small business entity or if you’re thinking of starting a small business entity, no matter what stage of the life cycle your business is in, we can help you maximise the tax concessions available to you.

Read More
Belinda Frazer
ARE YOU AN AUSTRALIAN RESIDENT?

Tax residency is a complex area where the decision is made based on individual circumstances. As the world becomes more global and interconnected, there seem to be more cases where people who have considered themselves not to be Australian residents anymore have been caught up in the net.

Read More
Belinda Frazer