Your practice

Relevant and practical knowledge and tools to build your business

What’s new for our members in 2018?

As 2017 draws to a close, we’d like to thank our members for their continued support this year. Your participation keeps our community strong and enables us to be an influential voice in the tax and SMSF industry. This is also a great time to reflect on some of the exciting initiatives that Tax &

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SMSFs: Here’s an extensive toolkit of ATO forms you’ll need

SMSF trustees may find that occasionally a particular form is needed to be able to complete an administrative task for the ATO. SMSFs: Here’s a complete list of tax office forms you’ll need Rather than have you searching the vast labyrinth of the ATO’s website for SMSF forms, we thought it helpful to list some

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Deduction item D10 (cost of managing tax affairs) to be split

In response to feedback and recommendations from the tax profession, the ATO has announced that for Tax Time 2018 it will implement a change to split deduction label D10 – the cost of managing tax affairs – on the individual income tax return. Deduction item D10 (cost of managing tax affairs) to be split As

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Practitioner guidance for puzzling technical issues

The ATO has a section that deals with “complex issues” that tax practitioners will have to struggle with now and then when managing their clients’ tax affairs. The ATO says its Complex issues resolution service is there to help resolve complex administrative issues and tax technical interpretation queries that practitioners may have been unable to

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