Month: July 2014
Non-profit News – missing charities could lose tax concessions
Some charities which were automatically registered with the Australian Charities and Not-for-profits Commission (ACNC) need to confirm they are still … Read More
Small business assist
Small business assist provides easy access to information for both new and established businesses on a range of topics. You … Read More
Non-commercial losses: exception for primary producers
An exception to the non-commercial loss rules allows net losses from certain primary production business activities to be claimed in … Read More
Transferring your super into one account
If you have more than one super account, you may want to consider combining them into one super fund so … Read More
Using the Small Business Superannuation Clearing House
The Small Business Superannuation Clearing House is a free online super payments service that helps small businesses with 19 or … Read More
Understanding tax and SMSFs
SMSFs are subject to income tax but receive concessional treatment if they are complying funds. A complying SMSF’s taxable income … Read More
Record keeping in the primary production industry
This fact sheet produced by the ATO sets out what records you need to keep for your daily business transactions … Read More
Information for primary producers 2014
Download a PDF from the ATO website www.ato.gov.au of the Information for primary producers 2014 (284 KB). This information is … Read More
Newsletter: July 2014
Tax debt release on serious hardship grounds refused In a recent case, the Administrative Appeals Tribunal (AAT) refused an individual’s … Read More