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Inside this month:
- When Is A Gift A Gift?: The Tax Commissioner has successfully argued that more than $1.6m deposited into a couple’s account was assessable income
- Divorce, You, and Your Business: Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved.
- The Changes To How Tax Practitioners Work With Clients: The Government has amended the legislation guiding registered tax practitioners to include compulsory reporting
- The Rise in Business Bankruptcy: ASIC’s annual insolvency data shows corporate business failure is up 39% compared to the last financial year
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