27 min read

EOFY Strategies

With global restrictions easing, markets correcting and businesses starting to adjust to the COVID-19 safe new normal; now is an important time to consider End of Financial Year St.....

4 min read

Company Director Alert: Has your company paid its BAS debts?

GST component now included in Director’s Penalty Notice regime, from 1 April 2020.

8 min read

“Is your real estate used in a business?” The Commissioner tells Eichmann the Builder – “No it isn’t.”

Some of the most effective tax savings are to be found in the Small Business Capital Gains Tax Concessions. These concessions will apply when a business owner sells an active busin.....

13 min read

Labour costs on capital assets are non-deductible.

Generally, many business owners expect that the cost of labour will give rise to a tax deduction in the year they are paid. However labour costs that relate to the construction or .....

9 min read

Taxing the homes of Aussie expats.

On 5 December 2019, the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 passed the senate in a late night session on the final sitting day b.....

8 min read

Should I claim property depreciation if it will later add to the Capital Gains Tax?

A common question among property investors is whether depreciation is worth claiming if it will later affect their Capital Gains Tax (CGT) when it comes time to sell one day.

8 min read

Changes to Payroll Tax - Payroll Tax Decreased!

On 28 June 2019 the Queensland Parliament passed the Revenue and Other Legislation Amendment Bill 2019.  Of particular interest will be the changes to Payroll Tax Act 1971 from 1 J.....

28 min read

Here's your end of financial year wrap up

The topics covered in this blog are a snapshot of some of the things to consider as we head towards the end of the 2019 financial year. We will cover the areas of Taxation, Superan.....

The Budget Summary by Michael Knox - "Without increasing taxes"

The Budget Summary by Michael Knox - "Without increasing taxes"