Collins Hume Spotlight: Lucy Flanagan
When Executive Assistant Lucy joined Collins Hume in 2020, little did we know how much of a positive impact she’d make!
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- Sep 19
FBT-free Electric Cars
New legislation, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how.
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- Aug 29
Can I claim my crypto losses?
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return.
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- Aug 1
Accountant Spotlight: Marisa Worling
With a career that allowed her to hone her business services and SMSF accountancy expertise, Marisa is a welcome addition to our team.
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- Jul 25
Tax and the family home
We take a look at the main residence exemption that excludes your home from CGT and the triggers that reduce or exclude that exemption.
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- Jul 18
What changed on 1 July?
A quick reminder of what has changed for business and individual taxpayers from July 2022.
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- Jul 11
What to expect from the new Government
We look at what we know so far about the policies of the new Government in a challenging environment and no easy fixes.
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- Jul 4
Capital gains from crypto, property or other assets
If you dispose of an asset eg property, shares, crypto or NFTs, or collectables you'll need to show a capital gain/loss in your tax return.
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- Jul 1
Rental property income and deductions
For landlords, the focus is on ensuring that all income received is recognised in your tax return.
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- Jun 27
Claiming work-related expenses
When claiming WRE there must be a nexus between the expenses you are claiming and how you earn your income. We explain.
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- Jun 24
Tax Time Targets — Recordkeeping
With tax season upon us the ATO has revealed its four areas of focus this tax season. We start with recordkeeping requirements.
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- Jun 20
Accountant Spotlight: Joel Lacey
As another numbers whiz, Intermediate Accountant Joel is on his way to helping business owners understand their financials.
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- Jun 14
Deduction for skills training and technology
We clear the confusion (as much as possible) on the 120% deduction for skills training and technology announced in the Federal Budget.
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- Jun 6
What’s changing on 1 July 2022?
We look at the ample number of changes coming into force from 1 July 2022.
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- May 30
ATO turns up heat on directors
The ATO warns directors potentially in breach to ensure the company they represent meets PAYG withholding, SGC and GST obligations.
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- May 23
Can I claim a tax deduction for my gym membership?
Can you claim a deduction for your gym membership? The administrative appeals tribunal clarifies.
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- May 16
Fuel tax credit changes
The temporary halving of excise and excise equivalent customs duty rates has caused a reduction in fuel tax rates.
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- May 3
Accountant Spotlight: Tamara Pavez-Santander
Meet Grad Accountant, Tamara, and find out how she's taken a love of all things mathematical to embark on a career in accounting.
67 views
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- Apr 26
COVID-19 tests now tax-deductible for employees
From 1 July 2021 employees, sole traders or contractors that pay for a COVID-19 test for a work-related purpose, can claim a deduction.
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- Apr 4
Employees vs contractors
Every business that employs contractors should have a process in place to ensure the correct classification of employment arrangements.
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