by wladvisory | Jan 15, 2025 | Monthly Tax Updates
ATO Rental Data Matching and Tax Compliance: What You Need to Know The ATO is intensifying its rental data matching efforts, announcing plans to collect rental bond information for 2.2 million individuals. This data will be gathered biannually from State and Territory...
by wladvisory | Nov 4, 2024 | Monthly Tax Updates
What tax receipts do I need to keep? Only the ones you want to claim as a tax deduction, might be a common response. (What tax receipts do I need to keep) Work-related expenses But that isn’t quite right, as the tax rules in fact enable you to make legitimate claims...
by wladvisory | Oct 25, 2024 | Employment
Starting 1 July 2025, new parents will receive superannuation payments on top of their paid parental leave (PPL). (Super payment on parental leave) The Change From 1 July 2025, eligible parents with babies born or adopted on or after this date will receive an extra...
by wladvisory | Oct 15, 2024 | Property Tax
Introduction Selling a property used for both rental and residential purposes brings several Capital Gain Tax (CGT) issues. You need to decide whether to apply the full CGT exemption to your original home or your new one, especially if you’ve rented out the...
by wladvisory | Sep 15, 2024 | Business Advisory
Introduction When you run a business, choosing the right business structure is crucial. This decision isn’t just for when you start but can arise later if changing the structure becomes beneficial. You can operate a business as a sole trader, in a partnership,...
