Motor vehicle data matching program
The ATO has embarked on a “data matching” program where they will collect details of individuals or businesses that have acquired a vehicle with a transaction value of $10,000 or greater in the 2011-2012 and the 2012-2013 financial years from motor vehicle registries in all States and Territories. The ATO will then electronically match that […]
The current economy and why we should be taking advantage of it.
What we are currently seeing in the market is very exciting considering the past years. So how do we take advantage and get in before it is too late? You will notice that most investors are too cautious and wait to buy in when the market has taken off. To be a great investor it […]
5 common tax mistakes
At school we were taught mistake are ok as long as we learnt from them. I somehow think the Tax Office doesn’t agrees with this statement. Get on the wrong side of the ATO and you can experience the wrath of powers to be. If you are like the norm and don’t like paying the […]
2013 is a time for??
2013 is a time for? We all start the year reflecting on last year and looking at where we want to be this year. We review our goals from last year, tick off what we achieved, and roll forward any long term outstanding goals. Now more than ever, setting the road map has never been […]
Christmas Gifts
Giving to your team Christmas celebrations at your work on a working day are likely to be exempt from FBT. Keep the cost of your celebrations per person below $300 to make sure the event is a minor benefit for FBT purposes and exempt from FBT (including meals, beverages, entertainment, etc.,). Keep any Christmas presents […]