Regulating crowdfunding

On 29 September, 2017 crowdfunding came of age in Australia. That was the day the Australian Securities and Investments Commission (ASIC) introduced a new crowd sourced funding (CSF) regime modelled on those already operating in the US, UK, New Zealand and Singapore. Read more

Backyard building boom

The tax implications of redeveloping your property

With house prices rising and well located land becoming scarce in cities, many Australians are looking for creative ways to tap into the value of their own backyard. Some subdivide, while others take the knock down and rebuild route. Read more

Continued investment in junior mining

The Junior Mining Exploration Incentive (JMEI) Bill was introduced into the House of Representatives on 19 October 2017. Read more

Uber in Bendigo

Uber – ride sharing or running a business?

After months of discussion, Uber has launched its ride sourcing service in Bendigo. While it may seem a simple way to earn some extra cash, it is important to understand the tax implications of running a ride sourcing business. If you ignore your registration and tax compliance obligations, it is likely that the ATO won’t! Read more

Travel expenses now clearer

The Australian Tax Office (ATO) has made its stance on travel expenses clearer in a recent draft tax ruling to help determine whether an employee can deduct certain travel expenses. Read more

Client Update – October 2017

October is here after the welcomed sunshine of September and all the signs point to a hot summer. Things are also beginning to heat up on the global interest rate front. Read our latest economic summary in our October Client Update. Read more

Common deductions property investors miss

Garden watering systems, closed circuit television systems, intercom systems and solar powered generating system assets are all assets which are often missed by property investors when claiming depreciation. Read more

Tax Alert September 2017

Following the flurry of new tax rates and super changes that commenced on 1 July 2017, the ATO has moved back into more traditional territory with its announcements in the new financial year.

Here’s a roundup of what’s new in the tax world:  Read more

Employee or contractor? What’s the difference?

Correctly working out whether you are hiring an employee or simply engaging an independent contractor isn’t always straightforward and getting it wrong can be costly. Read more

Tax alert June 2017

Major changes to the rules applying to both superannuation (super) and business tax come into force on 1 July 2017, so taxpayers need to ensure they are prepared for the new regime. Here’s a roundup of the key tax changes: Read more