by Kellyann Connell | Nov 1, 2018 | Uncategorized
Accelerated tax rate reduction for small business Small business is still a vote winner with the Government and Opposition teaming up to accelerate tax cuts for the sector by 5 years impacting on an estimated 3.3 million businesses. Parliament recently passed...
by Kellyann Connell | Nov 1, 2018 | Uncategorized
In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion. On average, an estimated $70 million is lost because of expiry dates. Until recently, there was no national regulation for the minimum length of time a gift card...
by Kellyann Connell | Nov 1, 2018 | Uncategorized
From 1 July 2017, new rules came into effect that prevent taxpayers claiming a deduction for expenses they incur travelling to and from their residential investment property. The Government restricted travel deductions to curb “widespread abuse around excessive travel...
by Kellyann Connell | Nov 1, 2018 | Uncategorized
GST is applied to tampons but not to incontinence pads. Viagra is exempt from GST but nipple shields for breast feeding mothers are not. Breakfast cereals are GST-free but breakfast bars and drinks are taxable. We explore the political football of GST exemptions....
by Kellyann Connell | Nov 1, 2018 | Uncategorized
“Learn from the mistakes of others. You can’t live long enough to make them all yourself.” Eleanor Roosevelt
