Downsizer Super Contribution
Introduction Overview of downsizer super contribution The Downsizer Super Contribution is a measure in Australian tax law that allows older Australians to contribute a portion of the proceeds from the sale of their home into their superannuation fund. Here’s a brief overview: 1. Eligibility: You must be 55 years or older at the time you […]
Deceased Estate Trust Return
Introduction Deceased estate trust return and its relevance In Australian tax law, a Deceased Estate Trust Return is a crucial component in administrating a deceased estate. Here’s a brief overview: 1. Purpose: Trust tax returns are used to report the estate’s income after the person’s death, such as rental income or share dividends. They can […]
Fixed Unit Trust As a Business Entity
Introduction In the diverse landscape of business entities in Australia, the Fixed Unit Trust stands as a unique and compelling option. This structure, often overlooked in favor of more traditional entities like sole traders or companies, offers a distinct blend of benefits and challenges. From its potential for tax advantages to the complexities of trust […]
MV Novated Lease
Introduction In the complex landscape of Australian taxation, understanding the potential tax deductions associated with novated leases can be a game-changer. A novated lease, a popular vehicle financing option, presents unique tax benefits that can significantly influence your tax obligations. This article will delve into the intricacies of these tax deductions, elucidating their workings, eligibility […]
EVs and FBT
Introduction Electric Vehicles (EVs) and Fringe Benefits Tax (FBT) are two increasingly important aspects of the Australian business landscape. Electric Vehicles (EVs): The importance of EVs in Australia is growing due to a combination of environmental, economic, and policy factors. The Australian Government has announced its National Electric Vehicle (EV) Strategy, which aims to increase […]
How to Find Accurate Accounting and Taxation Services
It was a long time ago that proper accounting procedures revolutionized the world of business. To this day, quality accounting services still help businesses to flourish. The industry for accounting services in Australia alone is worth more than $26 billion every single year! On top of that, there are more than 34,000 separate businesses offering accounting services […]
Five Checklist Items to Find the Best Tax Agent Brisbane
What qualifications should my tax agent have Your tax agent should have a tertiary accounting degree and you should always ensure that you choose an agent that has had years of industry experience and a wealth of knowledge with preparing tax returns. Moreover, you should make sure that your tax agent/accountant is a qualified accountant […]
How to complete your Tax Return – Brisbane
When completing your tax return Brisbane- you may be asking an array of questions as to who ought to be your accountant to do the job. You may be wondering who does the cheapest tax return Brisbane or who is the best tax return accountant Brisbane based to do the job. One thing to consider […]
How to Choose the Right Personal Tax Accountant Brisbane
Choosing a personal tax accountant Brisbane based is simple when you do your research to find out where the most reputable and knowledgeable tax Accountant Brisbane is located. Selecting a Quality Tax Accountant – Brisbane JC Accountant Brisbane is the solution to all your financial and taxation needs. JC Accountant is highly regarded as the […]
Five Tips for Choosing the Best Accountant in Brisbane
Whether you are a small business, a large company or you are looking to do your own personal tax return, choosing the very best Brisbane Accountant is often a difficult decision as there are so many accounting firms around Brisbane. Here are five tips and considerations to ensure that you choose the best accountant Brisbane […]
