Authoritative and technically accurate information and guidance on all areas of tax

Company directors: Do you REALLY know your responsibilities?

As though business owners and principals don’t already have enough on their minds, discussion about the ups and downs of the business environment is being heard around the barbecue again — just to add to the list of excuses for not sleeping well at night. Company directors especially need to keep in mind that the

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Travel allowances (and retaining the exception to substantiate)

A travel allowance is a payment made to employees to cover accommodation, food, drink or incidental expenses they incur when they travel away from their home overnight or longer in the course of their duties. In most circumstances, when claiming other deductions, your clients will be expected to be able to substantiate the expense being

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Airbnb and the Australian tax system

Wei Shiek navigates through the myriad of tax issues of Airbnb and the Australian tax system* Airbnb is one of many examples of the “sharing economy” — connecting buyers (users) and sellers (providers) through a facilitator that usually operates an app or a website. Airbnb acts as this facilitator by allowing individuals, referred to as

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Tax invoice essentials (in case a client asks)

The status of the humble invoice took on immense significance in the year 2000 when the goods and services tax was introduced. It was a big year for the country, with Sydney hosting that year’s Olympics in the last half of September, Y2K proving to be a fizzer, as well as the introduction of the

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