Audit Shield
You may have recently received a notification from us regarding āAudit Shieldā coverage. These emails are sent to you on our behalf, by āAccountancy Insurance.ā… from Audit Shield
Vacant Residential Land Tax (VRLT) now Victoria wide
What is it? Vacant Residential Land Tax (VRLT) is additional to standard land tax and applies to residential property which has been considered vacant for… from Vacant Residential Land Tax (VRLT) now Victoria wide
Mythical deductions
Weddings, pets, chocolateā¦ Rumours of what we can and canāt claim on tax have done the rounds for years. We thought it would be fun… from Mythical deductions
Victorian property taxes update
There has been an increase in land tax across Victoria and following the recent state budget announcement, it looks as though it is not set… from Victorian property taxes update
Changes in reporting requirements for not-for-profits
From the end of this 2023-2024 (current) income year, all non-charitable not-for-profits (NFPs) with an active ABN will need to lodge a self-review annual return…. from Changes in reporting requirements for not-for-profits
Changes to personal income tax
The Federal Government recently announced tax cuts for all Australian individual taxpayers, effective from 1 July 2024. This means that every taxpayer will be paying… from Changes to personal income tax
Annual trust distribution requirements
One of the many requirements of the trustee(s) of a trust is to make an annual distribution resolution, where annual profits are allocated to beneficiaries…. from Annual trust distribution requirements
Redrawing on investment loans ā what it means for you
If this is your first rodeo with an investment property, you may have learned that the interest charged on investment loans is tax deductible. Hooray!… from Redrawing on investment loans ā what it means for you
Want six months in Bali without the CGT?
Donāt we all. Well, the main residence exemption rule means that you may be able to be absent from your main residence without triggering Capital… from Want six months in Bali without the CGT?
Have you reviewed your GST registration?
You may be surprised to learn how many different types of businesses are required to register for GST. Who needs to register? Businesses or enterprises… from Have you reviewed your GST registration?
