Client Alert November 2018

client alert tax news | views | clues Transfer balance cap: ATO highlights admin issues On 30 August 2018, ATO Assistant Commissioner Superannuation Tara McLachlan gave a speech on “Administration issues under the transfer balance cap” at the Tax Institute Sixth...

Client Alert October 2018

client alert tax news | views | clues Claiming work-related expenses: ATO guides and toolkits This year, the ATO has launched its biggest ever education campaign to help taxpayers get their tax returns right. The ATO says the campaign, which is running throughout tax...

Client Alert September 2018

client alert tax news | views | clues Super sector must address trust deficit In a speech to the Financial Services Council Summit on 26 July 2018, Australian Securities and Investments Commission (ASIC) Chair James Shipton said the superannuation sector must restore...

Client Alert July

client alert tax news | views | clues Business lending practices in spotlight at Royal Commission Bank lending practices for small and medium enterprises (SMEs) were in the spotlight when the Financial Services Royal Commission (FSRC) held its third round of public...

Does your business own a ute?

One of the most common tax planning strategies of owning a ute has had an overhaul by the ATO.  Unsurprisingly, this guideline is now more complicated than it used to be. Previously a business could provide a ute to employees and the general rule of thumb was that it...