by angela | May 17, 2016 | Articles of Interest, Frontpage Article, News
The 2016-17 Federal Budget introduces a series of tax cuts progressively applied to business. Significantly, the company tax rate will be gradually reduced to 25% and the threshold for accessing some of the small business entity concessions will increase dramatically...
by angela | May 17, 2016 | Articles of Interest, Frontpage Article, News
The Treasurer handed down the 2016-17 Federal Budget on Tuesday 3 May, 2016. It contains a number of measures which, if legislated, will impact on us as individuals and families. Here is a brief overview of the impact on you if the Budget is approved and made law....
by angela | Mar 15, 2016 | News, Tax Facts
The capital gains tax (CGT) generally applies to CGT events that happen to CGT assets acquired after 19 September 1985. CGT is not a separate tax, it forms part of income tax. CGT events The most common CGT event is the disposal of an asset by selling it or giving it...