by C&N Accountants | Feb 19, 2024 | FBT (Fringe Benefits Tax), Tax Planning
As the annual close of the Fringe Benefits Tax (FBT) season approaches on March 31, it becomes imperative for business owners to arm themselves with knowledge about the intricacies of FBT and areas likely to capture the Australian Taxation Office’s (ATO) focus. The...
by C&N Accountants | Dec 7, 2023 | ATO, Capital Gains Tax, Property Investment, Tax Deductions
There has been a recent controversy in the tax field due to a remarkable case in which a taxpayer, defying the odds, obtained a deduction for a significant loss from the sale of her home. In this blog, we will investigate the specifics of this surprising development...
by C&N Accountants | Jul 28, 2023 | EOFY, Income Tax, Tax & Accounting, Tax Planning, Tax Refunds
Its Tax Time again and as you prepare for lodging your return we want to ensure why you need to understand the importance of lodging your returns and fulfilling your tax obligations. Lodging an income tax return is an important financial responsibility for individuals...
by C&N Accountants | May 5, 2023 | ATO, How To, Tax & Accounting
Tax season can be stressful for many people and this stress can make you more vulnerable to scammers, who strike at the end of the tax year, hoping to gain an advantage at your expense. In the lead up to tax planning season, we look at some of these scams. There are...
by C&N Accountants | Oct 6, 2022 | ATO, Cryptocurrency, Tax & Accounting
More than 1 million Australians own cryptocurrency (Crypto), and the Australian Taxation Office has them in its sights and knows about your cryptocurrency assets. 5% of Australian adults own at least one crypto while more than one in 10 Australians under 35 hold...
