News
Is It Tax Deductible To Give My Clients A Thank You Or Christmas Gift?
At this time of the year it is common to provide gifts to existing clients and customers as an act of goodwill and as a
September Essential Tax Summary – Working Holiday Maker Visa Holders; Phoenix Taskforce; Housing Fringe Benefits & PAYG Withholding Penalties
Working holiday maker visa holders The Department of Agriculture and Water Resources has launched a review of issues affecting the supply and taxation of labour
Crowdfunding – is it worth it?
We’ve all seen the success stories of an innovator with a great idea who, supported by crowdfunding, was able to launch a successful and high
What Budget Announcements will Become Reality?
The Coalition has formed Government but what happens now to all those Budget announcements? We take a look at what announcements are likely to pass
August Essential Tax Summary – Small Business Tax Offset Calculator; Sharing Economy; Small Business Benchmarks; New Fuel Tax Credit Rates & Deductions for Gifts to Clients
Small Business Small business tax offset rules, small business bench-marking, the sharing economy and the new small business restructure roll-over rules – are a key
Budget 2016 – Winners and Losers
The NSW state budget was released on 3rd of May 2016, but went largely unnoticed due to the upcoming election and the recently
July Essential Tax Summary – Foreign Resident Capital Gains Withholding; Extended Deadline for LRBA Arrangements & SuperStream Extension for SBE Employers
From the ATO Foreign resident capital gains withholding The new foreign resident capital gains withholding provisions now apply to certain transactions that are undertaken under
The Handbag v’s Briefcase Deduction Debate
If a man can claim a briefcase as a tax deduction why can’t women claim their handbags? After all, men often have a lot of
What’s Changing On 1 July 2016 – Property, Taxes and Charges.
Everyone New rules to prevent foreign residents avoiding tax when they sell certain Australian assets will affect everyone buying or selling property with a market
NSW Stamp Duty to Double for Foreign Investors from next week
NSW Treasurer Gladys Berejiklian has recently announced that from June 21st, the up-coming NSW budget will include new taxes for foreign property investors. Foreign
年终退税技巧 – 2016财年
随着财政年度尾声的到来，我们需要在报税之前的有限时间里最有效的处理好财务问题以最合理的避税。 以下有一些总结性的减税策略可供参考： 可扣税支出 大部分用于经营业务的费用可以扣税，只要他们是和业务相关，并且费用额度取决于你公司的规模和类型。税局有一个开支清单，比如房租，文具，工资等都可算作你业务的日常运行成本。点击清单 公司成立费用抵扣 从2016年7月1日开始，小型企业的成立费用可以直接抵扣（包括律师咨询费，会计师费等）。所谓的小型企业是指营业额不超过1000万（来自最新联邦预算）。 预缴费 在6月底之前预付一些费用也可算在2016财政年抵扣税额。比如你今年的收入比往年多，或今年你有资本增值，那么我们建议你可以提前支付一些下半年要付的费用，比如保险等。 或者提前支付投资房的贷款也是一种常见的伎俩。 坏账和陈旧设备 你可以在6月30日之前清除一些坏账，你需要研究一下你的债务人名单，要么采取行动催帐，要么注销坏账。坏账必须是这笔债务无法被收回的情况下才可扣除。 如果你的消费税是按发生制来算的话，债务被一笔勾销时你需要做一个消费税的调整。 在库存价值低时重新估值 库存价值直接影响到本财政年度的应纳税收入。库存价值低可使收入低。 确保使用SuperStream 从7月1日起，雇主必须通过SuperStream的系统来帮员工缴纳养老金，详情请看4月养老金知识。 小型企业资产直接抵扣 从7月1日起营业额1000万以下的小型企业可以立即抵扣2万以下的新资产，比如新的打印机或电脑，而无需分数年抵扣折旧。 小型企业重组 这个资产过渡政策与2016财政年不相关，小企业可能会希望推迟重组到2016年7月1日之后（例如从公司改变业务结构，以信托或个体户经营）。 这是因为按照这个小企业重组政策，重组后将没有任何税务后果（也就是说转移资产将不存在资本所得税的问题）。 收入 如果你收到了一笔定金，而工作/服务还没有提供，那么这笔定金不算入本财政年的应纳税收入，算为提前收入。 对于这些还未提供的服务，你可以请算一下已给出的发票或已收到的费用，都可推迟作为下一财政年度的收入。 此外，从现在开始到6月底就不要再对正在进行的工作发账单了，全部挪到7月之后收费。
Top Tips For End Of Financial Year 2016
With the end of the financial year fast approaching there is limited time to get financial affairs in order before it’s time for the taxman
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