by admin | Aug 1, 2012 | Features
The main area of contention has been the allocation of repayments, particularly in the case of balance transfer offers. In the past, things went awry when consumers used their credit card to make purchases before the older debt was paid off in full. Repayments were...
by admin | Aug 1, 2012 | Features
There are varying levels of complexity and cost across franchise systems. Different things appeal to different people, and some businesses will suit more than others. Indeed, some people should not consider going into business at all. It is not easy being in business,...
by admin | Aug 1, 2012 | Features
Following Bamford and the cases leading to it, the announcement of the re-write of Division 6 and the interim streaming rules, the ATO has issued Draft TR 2102/D1 dealing with the meaning of “income of a trust”. The draft ruling appears to be a yet another attempt by...
by admin | Aug 1, 2012 | Features
Taxation Determination TD 2012/10 This TD deals with the issue of when income tax of a private company will be a “present legal obligation” for the purposes of the distributable surplus calculation under s 109Y(2) of Div 7A. It provides that if a private company has a...
by admin | Aug 1, 2012 | Features
Tax Time 2012 publications online now As part of our commitment to providing useful and accessible products and services, all 2012 instructions, forms and schedules will be available online. As mentioned in our Tax Time 2012 publications broadcast email we have...
