INCOME TAX 2016

  2016 tax time will be here in two months, there will be changes for income tax returns, and there will be some points that we need to pay attention to. The ATO will both change and introduce several rules this year: Car expenses – tax deduction rules From 1...

Business Activity Statements (BAS)

  Nowadays, it’s getting much more popular for individuals to start their own businesses. Therefore, many people are lodging their Business activity statements (BAS) monthly or quarterly. However, some people do not have a full understanding of the BAS, and may...

Settlement Figures and the GST

Many commercial property sale contracts are subject to the addition of Goods and Services Tax (GST) in the purchase price. It is important that investors, as well as practitioners, take note of whether a contract will be subject to GST prior to the contract signature....