Client Gifts
The ATO has confirmed that a taxpayer carrying on business is generally entitled to a deduction for expenses incurred on a gift made to a...
GST on low-value imports
Goods imported into Australia – often by consumers using the internet – which cost less than $1,000 are currently GST-free. On May 3...
SMSFs Loans (LRBAs)
The ATO has announced that it will be contacting some SMSF trustees in November 2016 to participate in a survey about the use of 'limited...
