The Government recently tabled legislation, making its second attempt to deny access to the CGT main residence exemption for individuals who are foreign residents (i.e., non-resident taxpayers for Australian tax purposes).
Christmas time can be an exciting and merry time of year – mainly for children age 15 and under. For the rest of the adult world, Christmas can be stressful, busy and anxiety driven to say the least. Given that we are approximately 7 weeks away from Christmas day, how do we begin to plan to lighten the Christmas load?
When it comes to reducing anxiety and stress in any situation, planning and organisation is key. Here are some tips to start putting into practice to ease the tension of Christmas 2019.
Welcome to present day 2019 and people all over the world are renting part, or all of their homes. However, many have not accounted for the tax sting associated with the income boost. If you own an investment property, you pay capital gains tax (CGT).
From 1 January 2020, eligible individuals with multiple employerscan apply to opt out of receiving super guarantee (‘SG’) from some of their employers, to help them avoid unintentionally going over the concessional contributions cap.
The ATO has provided a novel, though important, reason for businesses to update their ABN details: to help businesses to manage the coming disaster season.
ABN details are used by emergency services and government agencies to help identify and contact businesses during times of emergency and potential disaster.