by Alix Dower | Aug 1, 2022 | blogs
There are instances throughout tax law where you are required to know who the ‘entities connected with you’ are. This is used in determining if you are a Small Business Entity or what the value of your assets is if you wish to claim the Small Business CGT Concessions....
by Alix Dower | Jul 25, 2022 | blogs
Advertisements on the internet might use buzzwords from the taxation and superannuation industry to pique your interest. However, they can be misleading in how they represent your actual benefits. An advertisement for a car on the internet could point out that if you...
by Alix Dower | Jul 18, 2022 | blogs
Children may seem to get the short stick of tax law when it comes to taxation. Children under the age of 18 years can only earn $416 in a year before they pay the top rate of tax (47%) on their income. For example, if a 15-year-old earns $2,000 in interest for the...
by Alix Dower | Jul 14, 2022 | blogs
The rules regarding the capital gains exemption for your main residence have changed, which could impact your current situation (if you’re not aware of them). You may already be aware that purchasing a house to live in as your main residence will result in no capital...
by Alix Dower | Jul 11, 2022 | blogs
TOPIC OVERVIEW: For this State administered tax, the recent decision in the case of Thomas and Naaz v Chief Commissioner of State Revenue [2021] NSWCATAD 259 (“Thomas and Naaz”) is yet another case that gains our attention given its relevance to the medical and...
