by wladvisory | Aug 15, 2024 | Property Tax
Introduction With one in three marriages ending in divorce and many de facto relationships breaking down, the capital gains tax (CGT) roll-over provisions for “marriage and relationship breakdowns” have become increasingly relevant. These rules provide a...
by wladvisory | Jul 15, 2024 | Monthly Tax Updates
Introduction While Australia doesn’t have a joint filing option for married couples, there are some aspects of your individual tax assessment that depend on your spouse’s income. (spouse definition tax Australia) For example, your eligibility for the private health...
by wladvisory | Jun 19, 2024 | Business Advisory, Tax News
Get ready for end of 2024 Financial Year We are almost approaching the end of the 2024 Financial Year. This post provides essential information and tips to help individual taxpayers and business owners prepare for the new year. Individuals (Common Mistakes and Tips)...
by wladvisory | Jun 1, 2024 | Monthly Tax Updates
Personal services income explained Introduction The personal services income (PSI) rules apply to income that is earned mainly from the personal efforts or skills of a person. It does not matter whether the income is earned by the individual in their own name or...
by wladvisory | May 23, 2024 | Business Advisory
On-boarding new employees: When hiring new staff, there are certain steps you should follow to cover off on your tax, workplace, and superannuation obligations. (on boarding new employees) Confirm they are legally permitted to work in Australia Australian citizens,...
