June 2015 Tax Planner

Principles of Tax Planning

Tax planning may involve using an efficient trading/investing structure, deferral of income, bringing forward deductions, maximising deductions and using all available tax offsets (rebates).

Small Business Start Up Pack

We’ve put together a business start up pack. You can either download as a bundle or read it below.

Tax Certainty for Deceased Estates

The government will amend the law to allow the tax exemption for earnings on assets supporting superannuation pensions to continue following the death of a fund member in the pension phase until the deceased member’s benefits have been paid out of the fund. This change will have effect from 1 July 2012.

ATO Compliance Activities

The ATO has highlighted a number of areas that it will focus on in its compliance activities this year. This includes: