Principles of Tax Planning
Tax planning may involve using an efficient trading/investing structure, deferral of income, bringing forward deductions, maximising deductions and using all available tax offsets (rebates).
Small Business Start Up Pack
We’ve put together a business start up pack. You can either download as a bundle or read it below.
Tax Certainty for Deceased Estates
The government will amend the law to allow the tax exemption for earnings on assets supporting superannuation pensions to continue following the death of a fund member in the pension phase until the deceased member’s benefits have been paid out of the fund. This change will have effect from 1 July 2012.
ATO Compliance Activities
The ATO has highlighted a number of areas that it will focus on in its compliance activities this year. This includes: