As the end of the financial year draws near, we thought it appropriate to share this article. When completing your tax return, you’re entitled to claim deductions for some expenses, most of which are directly related to earning your income. Unfortunately for one Woolongong tax agent, his run of ‘interesting’ deduction claims on behalf of […]
Month May 2019
30 May 2019
Dora the Explorer, Tiny Teddies and Wagon Wheels – deduction claims landing a tax agent in hot water
A creditor’s statutory demand is a mechanism created in the Corporations Act 2001 (“the Act”) for a creditor to serve notice on a company where they have reason to believe the company may be or is insolvent. To be insolvent simply means the company is unable to pay its debts as and when they aredue […]
There is a lot of myth and strange rumour out there about what happens to your Superannuation when you die. What I am going to do in this piece is to try and dispel those myths and rumours so you can understand exactly how it works, because only then can you properly plan for it. […]
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