December Newsletter Published 08.12.2020

Our December Newsletter was sent out today – Did you receive yours?

December 2020 Issue Covered

  • A STRATEGY OPENS
  • THE MECHANISM
  • Calling time out on your business? Some essentials you’ll need to know
    – STEP 1: LODGEMENT AND PAYMENT
    – STEP 2: REFUNDS
    – STEP 3: CANCEL PAY-AS-YOU-GO (PAYG) WITHHOLDING REGISTRATIONS
    – STEP 4: CANCEL THE ABN
    – STEP 5: RECORD KEEPING
  • Small business CGT concessions: Goal posts moved on vacant land and active assets
  • ATO takes aim at ‘you-scratch-my-back’ auditing arrangements
  • Claiming interest expenses for rental properties
    – What can you claim?
    – What can’t you claim?
    – Examples
  • What is a recipient created tax invoice?

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