When preparing a will, most of us want to make sure that we benefit those of our choice but few people stop and think about the potential tax consequences or the likelihood of a third party claiming a share of the estate. A testamentary
Capital gains tax record keeping
Capital Gains Tax (CGT) has been with us since 20 September 1985. That is now over 34 years. Did you know that if you bought an asset on 20 September 1985 you are still required to hold records of purchase for taxation purposes? In fact you
Single Touch Payroll – it’s almost here!
We have featured Single Touch Payroll (STP) in many of our past newsletters. With only a week or so to go, we hope you are ready. For those who still don't know what it's all about, you might like to watch our video presentation and peruse the
Are you eligible for an Australian Business Number?
Over the years, the ATO have tightened up the eligibility for owing an ABN. When the ABN system was established it was meant for Australian businesses. Sounds pretty obvious doesn't it! Over the years it has been abused though and many
