Getting back what you put in: Loans to get a business started

Loans to Get a Business Started

It’s not uncommon for business owners to pour their money into a business to get it up and running and to sustain it until it can survive on its own. A recent case highlights the dangers of taking money out of a company without carefully considering the tax implications. A case before the Administrate Appeals
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March 2024 News Update

March 2024 News Update

Click  here to view PDF: March 2024 News Update The Fringe Benefit Tax traps The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention. Electric vehicles causing sparks In late 2022, the Government introduced a concession that enables employers to provide some electric vehicles
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November 2023 News Update

NEWS UPDATE - NOVEMBER 2023

NOVEMBER 23 NEWS UPDATE Click here for PDF           Workers owed $3.6bn in super guarantee Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators are looking to dramatically change. Superficially, the statistics on employer superannuation
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