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Tax Advice

Are gambling wins taxable?

Are gambling wins taxable? Typically, winnings from gambling are not taxable. BUT, there is a caution to this. The winnings of a “professional” gambler are taxable. […][...]

Tax Advice

TPB investigating tax agents JobKeeper restructuring

Are you a tax agent providing restructuring advice so that your client can obtain Covid19 JobKeeper? The Tax Practitioners Board (TPB) has provided clear instructions on […][...]

Tax Residents

International offshore business dealings? Undeclared taxable income? Make a voluntary tax disclosure now

Taxpayers who own an overseas company, trade in international shares, receive rents, dividends and interest from overseas interests, receive inheritance funds from overseas and managed overseas […][...]

Tax Audit

Tax review or tax audit – try to satisfy the ATO at the review stage

Individuals, partnerships, companies, trusts, super funds are all at a risk of a tax audit following an unsatisfactory tax review.  Tax audits which follow an unsatisfactory tax […][...]

Tax Residents

COVID19 Is your status as a tax non-resident affected if you return home to Australia

Many non-residents for tax purposes have returned to Australia due to Covid19 so that they can be with family and friends.  If you are not an […][...]

Tax Dispute

ATO Director Penalty Notice – Unpaid company taxes

Directors – don’t get caught being liable to pay your company’s unpaid taxes because you will be personally liable for a Director Penalty Notice (DPN).  This […][...]

Credentials

Recognition

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