by wladvisory | Feb 6, 2022 | Property Tax, Tax News
Tax and Property Price Increases With residential property values on a sharp upward trajectory, from a tax standpoint, what does this mean for owners and investors of this style of dwelling? Introduction Domain’s End of Year Wrap revealed that in 2021,...
by wladvisory | Jan 25, 2022 | Super, Tax News
Topping up your concessional contributions Thinking about making up for lost time and making extra contributions to top up your super? The good news is that the “catch-up” concessional contribution (CC) rules can help individuals who feel they have missed out on...
by wladvisory | May 12, 2021 | Tax News
In the Australian Federal Budget 2021-22, the Government has decided not to go down the austerity path, which will be a relief for many taxpayers and businesses. Rather, the Government has decided to put its foot on the accelerator with the hope that the growth in the...
by wladvisory | Feb 17, 2021 | Tax News
Ins (and outs) of Personal Services Income It is not uncommon for professional people who provide services to set up a separate entity to run their business, be it a trust, partnership or incorporated company. The allure of course is the lower tax rate that these can...
by wladvisory | Jan 5, 2021 | Tax News
Single touch payroll: When your reporting can cease Your business may no longer need to lodge single touch payroll (STP) reports for a number of reasons. These are if your business no longer has employees, has ceased trading, has changed structure, is not paying...
by wladvisory | Dec 21, 2020 | Tax News
Not every individual situation fits neatly with the tax laws as they stand — sometimes a taxable item’s known value (and therefore the tax that applies to it) may need to be determined. Many tax laws require the taxpayer to determine the market value of something....