27 May 2009 | JOHN KEHOE | The Australian Financial Review
Businesses, families and farmers who typically hold assets and investments in trusts need to be extra careful about how the trust income is distributed at the end of this financial year.
27 May 2009 | JOHN KEHOE | The Australian Financial Review
A popular year-end strategy to reduce tax may prove more beneficial for high-income earners as tax rates change.
27 May 2009 | MARK LAWSON | The Australian Financial Review
Rather than make drastic changes to personal tax, this year the federal government has further tightened the rules and closed off some areas that may benefit high net-worth individuals.
27 May 2009 | JOHN KEHOE | The Australian Financial Review
A number of tax-effective options remain open to high-income earners after the budget, but they should be aware of the risks and the timing.
27 May 2009 | MARK LAWSON | The Australian Financial Review
One of the major trends in Australian tax affairs is the general increase in work-related deductions, and one of the big components in that increase is the rise and rise of electronic devices of all kinds. Desktop computers, laptops and mobile phones are commonplace tools of trade both at work and at home.
27 May 2009 | JOHN WASILIEV | The Australian Financial Review
Buying property inside a self-managed super fund has advantages, but it must be handled professionally.
27 May 2009 | JOHN WASILIEV | The Australian Financial Review
Despite the government announcing cuts in concessional contributions to superannuation funds in the budget, self-managed super is expected to remain popular for at least the next year or two.
27 May 2009 | MARK FENTON-JONES | The Australian Financial Review
The government has made it easier to bring forward capital spending, but not to shield other income.
27 May 2009 | Mark Lawson | The Australian Financial Review
* Although the changes in tax brackets in recent years have made cars less attractive to salary package, consultants in the area say the contribution method of packaging a novated car lease has become more popular.
27 May 2009 | ASHLEY MIDALIA | The Australian Financial Review
With more incentives to upgrade, business customers should tell dealers to sharpen their pencils.
27 May 2009 | MARK LAWSON | The Australian Financial Review
There are ways to minimise fringe benefits tax, but your employer will need to help out with the admin.
27 May 2009 | ASHLEY MIDALIA | The Australian Financial Review
There's an old aphorism about the inevitability of death and taxes. But what is rarely noted is that a combination of the two can often force those left behind to seek out a tax adviser.
27 May 2009 | TANYA POWLEY | The Australian Financial Review
More than $1 billion flowed into agricultural managed investment schemes (MIS) in the 2007-08 fiscal year as financial advisers promoted the schemes as tax-effective.
27 May 2009 | MARK LAWSON | The Australian Financial Review
The volatile sharemarket has presented taxpayers with the temptation to disguise the real intent of their investments.
27 May 2009 | MARK LAWSON | The Australian Financial Review
For taxpayers well up the income scale the Rudd government's latest budget had lots of small surprises, including changes to the rules for hobby farms and lifestyle assets held in companies as well as changes to the tax rules for executives seconded overseas.
27 May 2009 | AFR/Australian Taxation Office | The Australian Financial Review
* Novated lease: Car lease where the employer pays and puts the cost on the executive's salary package, but if the executive separates from the employer - through resignation or retrenchment - the car goes with the employee.
