Get Ready Early - Fringe Benefits Tax (FBT) 2019

Over the past 4 years, the ATO has been running a review project on professional practices such as accounting, legal, architectural engineering, medical etc - any business that provides professional services where senior staff have access to or control ...

Many people believe that when you pass away you escape all taxes. Unfortunately, this is not the case.When a person dies, their nominated executor (the person responsible for dealing with the deceased’s assets and liabilities) must deal with any last tax ...

With the financial year coming to an end shortly, this time of year often means collecting receipts, bank statements and other tedious paperwork. We often see investors that have multiple platforms and accounts and very rarely do they know where their ...

Most of the measures taken in the budget are unlikely to have a major impact from an economic perspective. The effect is more likely to be a longer term cut in expenditure, particularly aimed at welfare. The immediate impact will clearly be on the higher ...

  The end of the financial year is fast approaching. With this time of year comes thoughts about tax deadlines, payments or refunds. If you’re a business owner or an investor, some questions that may have crossed your mind include: Have I paid too much ...

  Audit reviews, enquiries and investigations are continuing to increase for Individuals, Businesses and Self-Managed Superannuation Funds by the ATO. Sophisticated data matching technology has allowed detailed cross referencing of information from an ...

Most of us have debt in one form or another. For some of us, debt is limited to the monthly credit card bill, whilst for others it’s a tool we use to help us buy assets. Used effectively it can be a powerful lever for accumulating wealth. Whilst the ...

At Altus, we are often asked the question ‘is now a good time to invest in property and shares, or should we keep our money in terms deposits or cash?’ This is not unexpected given the current uncertainty across the globe. Our initial response to this ...

One question our advisers frequently get asked is “will I benefit from setting up a Trust”? Trusts, in particular Discretionary Family Trusts, are a popular entity type used by Altus clients.  Discretionary Family Trusts are often effective for clients ...