Private Businesses

STRATA Tax Chat 6th February 2020

Strata Tax Chat answers real world questions around corporate tax and legislation. Read the interview between Joel Russell and Peter Cohilj, Client Direct of Kelly+Partners Tax Consulting for a better understanding about these complex matters....

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Be Aware of the Risks: Resident Trusts with Foreign Assets or Non-Resident Beneficiaries 21st January 2020

Tony Nunes, Senior Client Director at Kelly + Partners Tax Legal, provides his insights into international tax planning and how trusts can be of advantage. He will also present at the 5th Annual Trusts Summit on 18 February in Sydney....

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Business Owners Tax Checklist 17th December 2019

Need help getting your bits and bobs together? Take a look at one of our tax time checklists that can help you save a lot of time. ...

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The Major Parties’ Superannuation and Tax Policies 18th April 2019

The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our clients have been asking what the major political parties’ policies are that may impact their SMSF, individual taxation circumstances or personal investments. ...

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Did you throw a party for your employees to celebrate the festive season? 29th March 2019

If so, you need to consider whether you have any FBT obligations associated with the party. If you also gave your employees a gift, there may be an FBT implication too. It also makes a difference whether the party was held on your business premises or somewhere else. ...

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The digital economy and Australia’s corporate tax system  26th March 2019

The Government is working with other countries, through the G20 and the OECD, to develop sustainable, multilateral responses to address the challenges to our tax system arising from digitalisation. A discussion paper was issued by Treasury for comment by 30 November 2018 to explore options to move towards a fairer and more sustainable tax system for the digitalised economy....

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Instant asset write-off for small businesses extended and increased 11th March 2019

Small businesses will get an extra tax break following the recent announcement by the Government that the instant asset write-off scheme will be extended to 30 June 2020 for assets purchased under $25,000 in value....

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Attention all car owners! You must declare what you share 4th October 2018

Do you earn income through car sharing platforms? If you do, it is important to include the income – no matter how little – in your tax return. It’s no different to anyone else renting out an asset, like a house or a car park. You must declare the income and you cannot avoid tax by calling it a hobby....

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What concessions can small businesses tap into this tax time? 10th September 2018

There are a range of tax concessions that your small business might be eligible for. Here are a few you should consider for your 2018 tax return....

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4 Federal Budget tax measures that impact your business 28th June 2018

Small and medium-sized businesses received a bit of attention from the Government in this year’s 2018-19 Budget....

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