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Why Australia needs tax reform, not knee-jerk tax changes

Why Australia needs tax reform, not knee-jerk tax changes

The recent meeting of Premiers and the Prime Minister greatly worried me. The solutions to the growing costs of health (i.e. lifting the GST or the medicare levy) would have dreadful flow-on effects. The proposal of such measures are put on the table due to the...
Federal Budget ignores too many small businesses

Federal Budget ignores too many small businesses

Has the federal budget provided real help for small businesses or is it just short term tokenism? The measures are only available to businesses with a turnover of under $2mill. It leaves out the small businesses with turnover over this amount who are the ones who are...
Saving capital gains tax with the roll-over relief

Saving capital gains tax with the roll-over relief

I was at the mechanics and he offered to change my flat batteries in my remotes. When he got the small screwdrivers from the apprentice they were still wrapped in cellophane. The screwdrivers had not been used. In looking at the capital gains tax rollover relief it is...
How to handle the changes to car fringe benefits

How to handle the changes to car fringe benefits

The changes to the fringe benefits tax on cars announced last week is particularly wrong in the way it is being implemented. The change may have some merit, but the suddenness of the change and the very short transition time is causing uncertainty and job losses. Once...
Are there tax benefits from being a contractor?

Are there tax benefits from being a contractor?

Increasingly more businesses want their staff to be contractors and not employees.  While this has benefits to the employers there has been very little benefit to the contractors due to increasing restriction and scrutiny in this area.  However there are a number of...
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