Special Disability Trusts
What happens if you are holding an asset for the benefit of caring for a family member with a disability, but it is creating negative consequences for you? […]
Initiative Team
About Initiative Team
Posts by Initiative Team:
Send a sales invoice from Xero to Xero
If you’ve received a contacts Xero network key and added it to their contact details, you can send them an invoice Xero to Xero. This creates a draft […]
Common Errors for Rental Property Owners
The ATO’s recent extended data rental property matching program require software providers to provide details of rent and expenses for residential rental properties managed by a property manager. […]
Importance of myGovID
myGovID is the Australian Government’s Digital Identity app which allows you to prove who you are when accessing government online services.
Do you own a rental property in your SMSF?
To ensure you limit your exposure for closer scrutiny by the ATO, its important to follow the fundamentals in your property asset valuations. Each year….
Thinking of Hiring Working Holiday Makers?
Before you employ working holiday makers, make sure you are aware of the specific requirements by the ATO when it comes to registering….
2024-25 Budget Easing the Cost of Living
As you may be aware the 2024/25 budget was published this month and one of the main focuses was easing the pressure of the cost of living.
Pre 30 June Trust Resolutions….in English
It’s coming to the pointy end of the financial year and if you have a discretionary (or family) trust, then you have more decisions….
ATO to be granted greater discretion over old tax debts
The government plans to make amendments to the tax law to provide the Commissioner of Taxation more discretion over the treatment….
So what’s your exit strategy?
I was always told ‘before you sign up for something make sure you know how to get out’. Nothing rings truer than for those of you who own your own….