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Emma Zajac
291 posts
ATO to set its sights on ‘copy-paste’ expense claims

ATO Set’s It’s Sights on ‘Copy-Paste’ Expense Claims

Emma Zajac
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The Tax Office has issued a warning to taxpayers who opt for “copy-pasting” work-related expense claims, like those accrued for travelling between work sites, or laundering uniforms, while they have been working from home. The ATO on Thursday warned taxpayers that it will set its sights on ineligible work-related expense claims come tax time, issuing…
Older Australians in SMSFs will be able to contribute earnings or savings directly into superannuation funds with the repeal of the work test.

Work Test Scrapped for Voluntary Superannuation Contributions

Emma Zajac
Older Australians in SMSFs will be able to contribute earnings or savings directly into superannuation funds with the repeal of the work test. The government has announced it will allow individuals aged 67 to 74 years (inclusive) to make or receive non-concessional (including under the bring-forward rule) or salary sacrifice superannuation contributions without meeting the…
Your SMSF: when expenses and investments are not at arm’s-length

Your SMSF: When Expenses and Investments Are Not at Arm’s-Length

Emma Zajac
We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members).  We’ve set out some of the common questions and answers. In general, all interactions between…
Tax exemption for ‘granny flat’ arrangements

Tax Exemption for ‘Granny Flat’ Arrangements

Emma Zajac
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To protect older Australians, the Government has moved to formalise ‘granny flat arrangements’ by providing an incentive to protect all parties in the arrangement. Typically, granny flat arrangements occur when an older person transfers some sort of consideration (often title to property or proceeds from the sale of property) to their adult child in exchange…
The 2021 Hunter Innovation Festival is back with a bang!

Proud Sponsors of the 2021 Hunter Innovation Festival

Emma Zajac
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The 2021 Hunter Innovation Festival is back with a BANG! The Garis Group are proudly sponsoring the 2021 Hunter Innovation Festival brought to you by Hunter iF, and Festival Partner 2021, the City of Newcastle. Kicking off on Monday 3rd of May, until Sunday the 16th, with this year’s festival theme being ‘Innovate to Regenerate.’…
‘Increase the rate, broaden the base’: Looking at GST 20 years on

Looking at GST 20 years on: ‘Increase the rate, broaden the base’

Emma Zajac
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Consumption tax should be raised to 20 per cent or broadened to cover a wider base, says tax experts as debate over the GST rages on. At a tax reform conference hosted by the Blueprint Institute in Sydney on Monday, a panel of tax experts each had varying suggestions to government on the ways the…
ATO launches new tax residency data-matching program

New Tax Residency Data-Matching Program Launched by ATO

Emma Zajac
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The tax residency status of Australians and foreign residents are set to undergo closer scrutiny by the ATO as it launches a new data-matching program that will cover 670,000 individuals each year. The Department of Home Affairs will now provide the ATO with arrival and departure records of travellers to and from Australia for the…
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