Key lodgement dates for Business and individuals

The ATO has recently released information on how a SMSF is able to acquire and hold artwork as a fund investment - Trustees need to be aware of the issues involved.

If you have lost track of your superannuation, you can search for it quickly and easily (for free) using Sunseeker either online or by calling their 24 hour, 7 days a week, self-help phone service on 13 28 65.

Can an individual or company purchase a piece of land and then enter into a joint venture with the superannuation fund to develop the land?

You might assume that you Will controls how all your money will be divided when you die.

Allowances are amounts paid to cover anticipated costs or as compensation for conditions of employment. Ie. Overtime Meal Allowance, travel Allowance etc.

A recent decision in an Administrative Appeals Tribunal (AAT) case has highlighted the sudden death nature of the Superannuation Guarantee Charge (SGC) provisions.

The Australian Bureau of Statistics (ABS) provides much more than just statistics. Our strength comes from our people who have specialisations in many diverse fields of statistics and offer a broad range of skills.

The ACCC promotes competition and fair trade in the market place to benefit consumers, business and the community. It also regulates national infrastructure services. Its primary responsibility is to ensure that individuals and businesses comply with the Commonwealth competition, fair trading and consumer protection laws.

The Australian Securities & Investments Commission enforces and regulates company and financial services laws to protect consumers, investors and creditors.

The Official Australian Taxation Office web site can provide you with information regarding all taxation matters.

Online calculators and other user services, a small selection of stories from BRW each week, their weekly e-mail newsletter and top-line data from the Rich 200, the BRW1000 and other special reports.

Our aim is to provide simple, accessible and affordable access to the investment markets for all Australians. We encourage long-term investment in quality and provide you with the tools and information you need to make your investment decisions.

The Institue website provides guidance for chartered accountants.

What are the 10 NES entitlements? Who is affected? How it works Up to and including 31 December 2009

As part of the national workplace relations system, modern awards commence operation on 1 January 2010. Most modern awards contain transitional provisions which phase in any increases or decreases in wages, loadings and penalty rates over a five-year period.

You can claim a deduction for the cost of washing (cleaning), drying or ironing eligible work clothes

This document gives you the HELP and HECS repayment thresholds and rates for the compulsory repayment of HECS debts.

The mature age worker tax offset (MAWTO) was announced in the lead up to the 2004 federal election.

Divorce at the best of times is a difficult and tumultuous time, and when combined with potential remarriage and children from more than one relationship, it can lead to significant estate planning complications.

New to business checklist and Growing your business checklist

New rules for Discretionary Trusts with charities as potential benfeciaries.

In the unfortunate event that a debt collector contacts you, you should be aware that the collector has guidelines on how to appropriately behave towards you.

We have just acquired some very powerful software tools which assist us in working with you to improve your cashflow management and enable proper cashflow budgeting to be achieved. We know in our business, where clients take time to pay, it can put a strain on resources.

New ATO Ruling for certain interest costs incurred by Trusts

The Tax Office are focusing their attention on the bookkeeping records of businesses, make sure you comply with these regulations.

Food retailers can use the simplified accounting methods to calculate their GST. There are four different methods than can be used depending on the food retailer's business.

In most cases all payments received by the franchisor from the franchisee will be assessable income. They will also involve goods and services tax (GST).

When determining what you can't claim, it is recommended that you consider the following general tips.

The Tax Office have issued a new practice statement to clarify the types of records that are acceptable as proof for work- related expenses.

The ATO issued an interpretative decision (ID) on deductions and expenses: sponsorship of motorcycle racing (ATO ID 2005/284).

Self-education expenses are not deductible when there is no relevant connection between the self-education expenses and production of an assessable income.

The water facilities tax concessions can be claimed by primary producers and irrigation water providers (for expenditure incurred on or after 1 July 2004).