Tax returns cover the financial year from 1 July to 30 June, and if you’re lodging your own they are due by the 31 October deadline. MyTax is the quick, easy, safe and secure way to lodge your tax return online. It's web-based, so you don't need to download anything. You can lodge on a [...]
Do you feel you’re paying too much in tax? Many businesses do and aren’t sure what to do about it. Legal tax minisation is a complex field best left to expert accountants in Sydney. One interesting option is through the use of trust, an organisational structure that offers many benefits including tax savings. Tax minisation [...]
Tax Planning Planning is at the heart of a successful tax strategy. Only by thinking ahead can you identify and then maximise deductions and other savings that can lower your tax bill. A tax accountant can help you with the timing of such matters as bad debts and write offs that can lower your tax [...]
When considering the tax treatment of profits and losses on CFD ("Contracts For Difference"), there are some basic scenarios you may need to determine first:- Speculator - a speculator is not a trader or a gambler but who may trade on a one-off or semi-regular basis. If the CFDs were entered into for the purpose of [...]
