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Did You Know

GST - The end of the going concern exemption.

 

Presently if you buy a business or an occupied commercial property, and both the vendor and purchaser agreed and were both registered, there would be no GST payable. This not only had  the cashflow advantage but also there was no (state) stamp duty levied on the GST. 

 

 

   

            

  Please find attached the 2016 Tax Matters Newsletter!

This newsletter includes:

- ATO Crackdown on work related expenses;

- How franking credits work;

- Tax tips for property investors;

- ATO warnings on SMSF tax schemes;

- And much more!

 

Click here to view the 2016 Tax Matters Newsletter

 

 Please do not hesitate to contact the office if you wish to discuss anything further.

 

Kind regards,

Con, Alana, Kristi

 & the team at TBM Accountants.

 

Please note: We have recently relocated to Ground Floor, 345 King William Street Adelaide SA 5000.

Our new phone number is 08 7231 6050.

 

 

 

 

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