SMSF trustees are broadly unprepared for the impending changes to the collectibles rules that come into effect from July next year, according to one major administrator.
Read MoreA recent ATO determination offers some insights regarding the ATO’s views on commuting transition to retirement income streams, and highlights an important tax trap.
Read MoreThe Christmas break-up party and/or gifts to employees can be exempt from Fringe Benefits if a few rules are followed.
Read MoreSome employers, who are commendably anxious to protect their employees and clients from the drink/driving laws, also pay for taxis to take employees to and from the place of entertainment.
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