Seeking any advice from lawyers or accountants. Hypothetically if a major accounnting firm paid you your refund twice do you need to give them a...
Hi All, I need a valuation completed for a 2 bed apartment which is under a SMSF for annual reporting, I think the unit is worth around $1...
Where home is your place of work & you have a room dedicated for your home office, how does the 45 cent per hour claim work? I believe the 45...
We cancelled some insurance policies in 2017FY and received refunds for part of the premium. Where should this be included in our tax returns? I...
can you claim interest on IP mortgage which hasn,t been paid yet? So my interest payment due on 5th day every month as financial year end cut of...
So according to the ATO rental properties book in your tax return you must put in the "full amount of rent and associated payments that you...
Hi everyone, We bought our 2nd IP a few weeks ago, settle in a few months. It's tenanted until March 2018 so we don't have to spend anything on a...
Few questions about pension phase. Say there are two members in a SMSF with $100k member balance each. One member is old enough (between 65-74)...
Currently thinking about future accommodation and income sources (since I can't expect my current basically-no-rent situation to last forever. I...
A Private Binding Ruling issued by The Tax Office for a land developer has shed light on tax opportunities (RBA Content) Specifically, the...
When units in a managed fund or shares in a company are reinvested through a DRP/similar, how are they taxed? The ATO says: You generally need to...
A few months ago, my PM for a few properties in QLD included the following "important notice" as part of the monthly rental statement: "Please be...
Straightforward (hopefully!) question to refresh ahead of hitting tax return time. Which of the following bank related fees are tax deductible? -...
How does this work and with regards to new changes July 1 2017? I had a friend who started salary sacrificing a few years before retirement and...
Hi all, My property manager collects rent from my tenants at the start of each month. For whatever reason, I receive 50% halfway through the...
I am wondering what amount the banks actually "add back" to income when they add back depreciation. Do they add back the whole cost of the...
I was just reading an article in the AFR with the above title. Ive pasted the relevant part below. I'm a non resident of oz for tax purposes and...
This year I want to go to a real accountant to do my taxation rather than the tax agent I have been seeing. Questions is does the accountant still...
Following on my earlier post about "Tax Debt = Interest Free Loan" I was suppose to pay a few thousand dollars in prepayment for the 16/17 FY in...
ATO has some good information on their website regarding sharing economy (AirBnB, Uber etc) and TAX. With regards to the likes of AirBnB and...
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