Stamp Duty consequences of Estate property transfers

Stamp Duty consequences It may be that your intentions under your Will are to provide your property to your beneficiaries or is it that you really intend to provide the value of the property to your beneficiaries. Your decision and directions in your Will may have...

Penalty Rate Changes: Casual employees

A casual employee engaged has no guaranteed hours of work, usually works irregular hours (but can work regular hours), does not get paid sick or annual leave and employment can be terminated without notice, unless notice is required by a registered agreement, award of...

SMSF’s investing in Bitcoin and other cryptocurrencies

Investing in Bitcoin and other cryptocurrencies Guidelines have recently been issued by the ATO with regards to SMSF’s investing in Bitcoin and other cryptocurrencies. Essentially, such investments are permitted where; The SMSF Trust Deed permits this type of...

Fringe Benefit Tax – Operating cost method

When is a motor vehicle log book necessary? When you use this method you must keep a log book for all motor cars as defined below: The concept of a car is a statutory defined term and basically means a motor vehicle (except a motor cycle or similar vehicle) designed...