Merry Christmas!
Liz Gibbs • December 21, 2017

Wishing you a Merry Christmas and best wishes for a prosperous 2018. We will be closed from 5pm December 22, 2017 and reopen at 8:30am on Monday 8 January 2018.  

Thank you for your continued support! 

 

 

CGT small business concessions
By Liz Gibbs May 2, 2025
In a recent decision, the Administrative Review Tribunal ('ART') held that a taxpayer was not entitled to the CGT small business concessions on the disposal of his interests in some farm land.
By Liz Gibbs May 2, 2025
Businesses that pay contractors for 'Taxable payments reporting system services' may need to lodge a 'Taxable payments annual report' ('TPAR') by 28 August each year.
Retirement
By Liz Gibbs May 2, 2025
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025.
Key tax policies
By Liz Gibbs May 2, 2025
With the 2025 Federal Election approaching, tax policy is a central topic of debate. Here’s a concise comparison of some the major parties’ key tax proposals to help you stay informed when Australia goes to the polls on 3 May 2025:
By Liz Gibbs May 1, 2025
Let’s Make Meetings Work for You: 8 Simple Strategies for Better Results
By Liz Gibbs May 1, 2025
The ATO’s updated small business benchmarking tool
subdivision
By Liz Gibbs May 1, 2025
As the urban sprawl continues in most major Australian cities, we are often asked to advise on the tax treatment of subdivision projects. Before jumping in and committing to anything, it is important to understand the tax liabilities that might arise from these projects.
IAWO
By Liz Gibbs May 1, 2025
It has been a long time coming, but the Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30 June 2025 to $20,000. This was announced back in the 2024-25 Federal Budget but the Government faced a number of hurdles in terms of passing the legislation.
Tax Planning
By Liz Gibbs May 1, 2025
With the end of the financial year fast approaching this is the first blog in our series where we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny.
ATO focus areas
By Liz Gibbs April 30, 2025
The ATO is currently focusing on the following 'specific risk areas', where it is concerned "small businesses are getting it wrong":
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