You can claim a deduction for capital expenditure incurred in constructing income producing buildings and structural improvements such as roads, driveways, carparks, bridges, retaining walls, fences, etc.

You are automatically eligible for small business concessions if you are operating as an individual...

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

Do you have dealings with a related overseas entity? If so, you may have been caught up with the dreaded complexity of the Transfer Pricing (TP) rules.

The Federal Treasurer, Mr Joe Hockey, has issued a Tax Discussion Paper which is titled Re: Think. Mr Hockey said that the Paper begins

Recently, there has been considerable discussion about the level of taxes being paid in Australia by large overseas multinationals.

On 3 March 2015, the Treasurer announced that Australia and Switzerland had agreed to increase cooperation in order to tackle tax evasion.

Commencing from 1 April 2015, HM Revenue & Customs (the UK Tax Office, referred to as HMRC) will levy a Diverted Profits Tax (DPT).

Since its introduction in July 2000, GST has been applied to imported goods over $1,000 in value but not necessarily on imported services.

If you have a property which does not earn income (eg vacant land or unoccupied building)...

If you have obsolete stock you may elect to value those items at lower figures if that is...

If you purchase items while travelling overseas you may be able to claim a refund of the VAT (Value Added Tax) or GST you paid on purchase.

It may be possible to obtain an extension of time to pay your tax where..

Costs incurred by an employer in providing recreational facilities for employees on the employer’s business premises...

Certain gifts of art with a value of $2 or more can be deductible to individuals or companies.

Be aware that if you set aside an area in your home solely for work purposes and claim a proportion of rates, maintenance...

FBT is not charged on a number of items which are predominantly used for business purposes.