Tax Planning for Individuals
Marginal Tax rates What type of year is this? Is this a small year, a normal year or a big year? Small Year Normal Year Big Year Do you have a spouse? Types of Income Employment Income – can’t be changed Interest/Dividend Income Managed Fund Income Sole Trader/Business […]
Superannuation- The Big Picture
Tax Planning for Businesses
How long have you been in business? Firstly, if you have just started business (or have been in business less than 5 years) – you probably want to focus on making the business look as “good” as possible. What type of year do you want? It depends on the type of year that
Leaving Australia to go Overseas – What are the Tax Implications?
You have a new opportunity – usually your spouse or you has the opportunity to work overseas with an existing role. your spouse or you are taking the opportunity to go overseas to gain new employment. you are leaving Australia living overseas for a period. Executive Summary & Key Points You either […]
Picking good software for your business
I’ve purchased software like Elizabeth Taylor had husbands – I’ve dated, then married, then divorced (and even in one case re-married). Or maybe like King Solomon had wives – he had 300 wives and 600 concubines near the end of his life. Below are notes and questions to help you pick the right software […]
Soverign Citizens not paying tax is Illegal & the ATO process of Amending your tax return – Oxby and Commissioner of Taxation (Taxation) [2022] AATA 3239
“The Government may not actually constitutionally have the right to make laws – so tax may be illegal.” I’ve had a few conversations with clients or others that have heard of this concept or say their friend is doing it. If you are chatting with a mate who is suggesting this – just mention the […]