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Articles
/ What’s Going On
Rental Expenses In Excess Of Income Not Deductible
With many parts of Australia in the grip of a rental crisis, a significant number of tenants may be residing in the properties of friends and relatives. A recent case that came before the Administrative Appeals Tribunal (AAT), Rizkallah and FCT [2022] AATA 3081, is a...
Director Identification Numbers…Time Is Running Out
All existing directors of a company, registered Australian body, registered foreign company, or a director of corporate trustees of an SMSF are required to apply for a director identification number (director ID) by 30 November 2022…so act now! If you are a director...
Queensland’s New Land Tax
If you own land in Queensland (or are contemplating making a purchase) and also own other land interstate (or you are contemplating making a purchase) you may soon have an increased land tax liability. As of 30 June 2023, Queensland landholders' land tax liability...
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