by Investment Plus Accounting Group | May 1, 2024 | Asset Protection, ATO, Business, Business Advisory, Income Tax, Peter Ristevski
*This article was originally published in www.smartcompany.com.au In the complex world of business and finance, standing out requires not just expertise but a forward-thinking approach that navigates the intricacies of law, tax, and corporate structure. The most...
by Peter Ristevski | Apr 29, 2024 | ATO, Income Tax, Tax & Accounting, Tax Deductions, Tax Refunds
Staying compliant and maintaining consistency in your tax planning can lead to substantial annual savings, allowing you to allocate funds towards your priorities and the expansion of your business and wealth creation plans The Australian Taxation Office (ATO) defines...
by Peter Ristevski | Apr 18, 2024 | ATO, Capital Gains Tax (CGT), Investment Property, Property Tax
Investment property can be a lucrative way to set your family up for a future nest egg. However, if you’re looking to maximise the value of your property investments, you need to be aware of the costs that come along with it. The biggest cost you’re likely to face...
by Peter Ristevski | Apr 18, 2024 | ATO, How To, Small Business, Tax & Accounting
Small business capital gains tax concessions provide an opportunity for small business owners to reduce the amount of tax they owe on the sale of business assets. One of the key CGT concessions is the CGT exemption, which can be a significant tax-saving opportunity...
by Peter Ristevski | Apr 18, 2024 | ATO, Income Tax, Tax & Accounting
A late tax return penalty can be substantial, but they are entirely avoidable. That is why it is important to know your tax deadlines and any penalties that may apply for failing to lodge on time and avoid late payment. In this blog, we will cover what an overdue tax...
by Peter Ristevski | Mar 11, 2024 | ATO, How To, Small Business, Tax & Accounting
The Fringe Benefits Tax year (FBT) ends on 31 March. In this article we clear up some of the confusion regarding the FBT issues when an employer provides an EV (electric vehicle) to an employee. In late 2022, the Government introduced a concession that enables...
