The overseas, controlling owners of an Australian company may want to apply to change the 30 June balance date for the Australian...

The Tax Office says that farmers will be able to write-off the cost of a new hay shed over three years, provided it is used primarily and principally for the storing of fodder.

The Asia-Pacific Economic Cooperation consists of 29 Asian and Pacific countries who have established cooperative arrangements to promote trade and business...

Will payment of a tax liability create serious hardship? If you are an individual or trustee of a deceased estate you can apply for release from income...

You can salary sacrifice to maximise your total concessional superannuation contributions up to $30,000 (or $35,000 if aged 50 years or over) for...

On 16 May, the New Zealand Finance Minister announced that from 1 October 2015, gains on residential property in New Zealand...

The previous Federal Government introduced a new Significant Investor Visa which targeted migrants who could make an investment of at least $5 million in the Australian economy...

The Tax Office launched a voluntary disclosure program which was called “Project DO IT” (disclose offshore income today) on 27 March, 2014.

You can get a full deduction for capital expenditure on the following land care operations...

You can claim deductions for interest paid on monies borrowed to...

Repairs are generally tax deductible when they relate to property which is used for income producing activities.

Does your business employ family members? If so...

If you are an eligible small business taxpayer, instead of purchasing plant, you can lease the item and negotiate an advance lease payment for the first 12 months to obtain a substantial tax deduction this year.

If you receive an overtime meal allowance in connection with an award or industry agreement you can claim up to $28.20 per meal without substantiation.

Does your trust deed allow attribution of income? If so, you might be able to distribute different types of trust income...