Commissioner clarifies tax arrangements for working holiday makers
With a number of media reports circulating in relation to the tax treatment for working holiday makers and the tax … Read More
STATE TAXES – NSW STATE BUDGET 2016
NSW: Purchaser declaration when acquiring any land in NSW From 18 July 2016, all purchasers and transferees must complete … Read More
SMSF borrowing arm’s-length terms deadline extended
SMSF borrowing arm’s-length terms deadline extended Deadline extended until 31 January 2017 for trustees of (SMSFs) to get any … Read More
Medibank 2016 tax statement delays
We understand that Medibank has advised their customers that member statements may not be available until after 15 July and … Read More
Newsletter: July 2016
Tax Time 2016: take care with work and rental property claims The ATO encourages people to check which work and … Read More
Newsletter: June / July 2016
Tax Time 2016: take care with work and rental property claims The ATO encourages people to check which work and … Read More
COMMERCIAL PROPERTY vs RESIDENTIAL PROPERTY
Elements to consider in the investment analysis Owning the Family Home and buying an investment property using the equity in … Read More
ATO clearance certificates for property disposals
New rules will apply where real property contracts are entered into on or after 1 July 2016 A new … Read More
Federal Budget 2016 Highlights
2016/17 Federal Budget Highlights The Federal Treasurer presented the government budget on 3 May 2016. The Budget sets out the … Read More
Newsletter: May 2016
Tax planning There are many ways in which entities can defer income, maximise deductions and take advantage of other tax … Read More
Overseas student debts: repayment thresholds
Higher Education Loan Programme (HELP) Living overseas? From 1 July 2017 you may have to make repayments. From 1 July … Read More
DISCLAIMER
Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.