With the festive season close at hand, we look at the ways in which the spirit of giving can be extended in a tax effective way.
We also look at the details we know so far about the new transfer balance account requirement for SMSFs, and the cap imposed on these accounts. And as the rules around the valuation of assets held under an SMSF have seen a lot of changes, we run over the more important points.
Also dealt with is the luxury car tax, and the level of substantiation the ATO generally requires in regard to home office claims. Lastly we provide a brief run-down of FBT and a business’s Christmas party, with a handy “decision tree” flow chart.
december-newsletter
To download the full newsletter, please click here.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.

Have Questions?

Ask us now, or book a time to speak

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Book Free Consultation

Book your free 15 or 30-minute phone consultation at a time that suits you.

About Allied Accountants

Allied Business Accountants connects you with a network of top accounting, legal and financial services professionals to streamline and maximise every aspect of your business performance.

5.0
(Based on Google Reviews )

About the Author: David McKeller

David McKellar is a Chartered Accountant and Director of Allied Business Accountants, an accounting firm specialising in providing strategic advice and taxation services to business owners, investors and Self Managed Superannuation Funds.

Share This Story, Choose Your Platform!

Leave A Comment

We’re Waiting To Help You

Get in touch with us today and let’s start transforming your business from the ground up.