Private Businesses

GST Updates Affecting Private Clients and Private Business Owners 23rd May 2017

From 1 July 2018, purchasers of newly constructed residential properties or new subdivisions will be required to remit the GST directly to the ATO as part of the settlement. ...

Read more

Effective Fringe Benefits Tax Strategies 3rd May 2017

As a result of legislative changes that have occurred over the last four to five FBT years, the taxable value of fringe benefits has been increasing year upon year. This is particularly with respect to car fringe benefits calculated under the statutory formula method....

Read more

CGT Small Business Retirement Exemption 21st April 2017

Small businesses can access a range of tax concessions, including payment and reporting options. These concessions can apply to small business sole traders, partnerships, companies or trusts.The four capital gains tax (CGT) concessions can be invaluable, allowing you to reduce or even remove CGT costs for some business transactions that result in capital gains....

Read more

Kelly+Partners Taxwise Individual News: April Edition 3rd April 2017

...

Read more

Current tax initiatives 16th March 2017

This month, we are continuing our work on assisting clients who are having their property compulsorily acquired. Government bodies including Transport for NSW have increased their push to finalise their compulsory acquisition of both existing premises and leasehold interests, ...

Read more

Kelly+Partners TaxWise Business News: February Edition 23rd February 2017

Please find attached the latest TaxWise Business News distributed quarterly by Kelly+Partners to update you on the ever-changing tax laws....

Read more

Your Business Website: Are the Costs Deductible? 13th February 2017

Setting up, maintaining and modifying a business website can involve significant costs. When considering whether spending related to a website is tax deductible, business owners need to take into account Taxation Ruling TR 2016, which sets out the Commissioner of Taxation's views for the purposes of the Taxation Administration Act 1953....

Read more

TaxWise Business: September Edition 23rd September 2016

Please find attached the latest TaxWise Business News distributed quarterly by Kelly+Partners to updateyou on the ever-changing tax laws....

Read more