Queensland primary producers may be eligible for Farm Management Grants, currently available to assist with offsetting the cost of professional advice associated with succession planning.
CGT and the family home: Expats and foreign residents beware
The family home of foreign residents and expats may be taxed if legislation before Parliament is passed by the Senate.
If you are a foreign resident living in Australia or an Australian working overseas who owns residential property in Australia, this reform potentially has serious tax implications for you.
In the news
Tax stats reveal the state of the Australian community
Every year, the Australian Taxation Office (ATO) compiles the tax data they collect. The recently released 2015-16 ‘tax stats’ encapsulate the data from 16 million income tax returns lodged for the 2016 income year for 13.5 million individuals, 940,000 companies, as well as superannuation funds, partnerships, and trusts.
Tax Deductions: the danger zones
Should you use the new super measures when you buy/sell your home?
Single Touch Payroll: what you need to know
GTH Group + YouTube
Welcome to GTH Group + YouTube channel. Here you will find a range of videos including our latest About Us clip, digital versions of Xero and other cloud computing presentations, a wrap up of the #gthgroupinthecloud 2018 event. Plus more content will be coming your way soon.
Will your business be audited?
The ATO is very upfront when it comes to their compliance activity. Every year they publish small business benchmarks that outline what a typical business ‘looks like’ in different industries. If your business falls outside of those benchmarks, the ATO is likely to take a closer look at why that is.
