by Petta Yencken & Company | 24 Jun 2020 | Taxation
Please find our Year End Checklist to assist with collating your information for the preparation and lodgment of your tax return. Year End Circular and checklist 2020
by Petta Yencken & Company | 17 May 2018 | Taxation
Below are highlights from the 2018 Federal Budget. Though the reforms are still to pass into Law, there are some points that may have an effect on your tax position in the coming years: Small Business concession of the immediate write off of Eligible Assets costing...
by Petta Yencken & Company | 9 Feb 2018 | Taxation
THE SHARE ECONOMY – ie: AIRBNB As the Sharing Economy continues to grow, there is a growing attraction to rent out one of your bedrooms for short term stays. It is important to understand the implications of such an arrangement and the importance of keeping...
by Petta Yencken & Company | 20 Nov 2017 | Taxation
The Government has introduced a number of changes to what and how you can claim rental property expenses. The most significant of these changes is to the claim for depreciation on plant and equipment already existing when an established residential property is...
by Petta Yencken & Company | 7 Sep 2017 | Taxation
From 1st July 2016, the Australian Government introduced a compulsory withholding of 10% of a sale price for any property over $2million. This involved the Purchaser withholding this amount from the property sale price. As of 1st July 2017, the rate has increased to...
by Petta Yencken & Company | 18 Aug 2017 | Taxation
Superannuation Contributions and Salary Sacrifice From 1 July 2017, there are significant changes to how you can claim Superannuation contributions . – when you are on wages. Prior to 1 July, 2017 if you were on wages and your employer was paying the Compulsory...
