Tax

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

When are digital products ‘connected with Australia’ for GST purposes?

  With the purchase of digital products such as the streaming or downloading of movies, apps, and e-books and so on becoming exponentially more popular, it is timely to examine the recently-introduced law that applies GST to digital products and services imported by Australian consumers. Effective 1 July 2017, GST now applies to digital products

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Federal Budget 2019

  The Treasurer Josh Frydenberg’s first budget has lots of goodies with few “baddies”. See below for links to: Individuals Business Superannuation Top 5 points for tax agents Winners and losers infographic. This was to be expected with the next federal election only weeks away and the Coalition Government trying to make up ground in

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Crowdfunding and tax

  Not so many years ago, the concept of raising funds via crowdfunding would more likely be seen as a way to fund community-based, local-issue or “help-your-neighbour” initiatives. But increasingly these days crowdfunding is viewed as a viable source of seed capital, and is no longer regarded as the shy little sister of venture capitalism.

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A gift can have different tax outcomes depending on the recipient

  Gifts provided to employees or their associates will typically constitute a property fringe benefit and therefore are subject to FBT unless the minor benefit exemption applies (any item valued at $300 or less is exempt from FBT). And while gifts provided to clients are outside of the FBT rules, they may be deductible as

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Tax & Super Australia is about to celebrate 100 years

  Tax & Super Australia is about to celebrate 100 years Tax & Super Australia is about to celebrate 100 years Tax & Super Australia is about to celebrate 100 years Tax & Super Australia is about to celebrate 100 years Tax & Super Australia is about to celebrate 100 years Tax & Super Australia

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