SmallBiz Tax and Acc @SmallBiztaxacc
Small Business Tax and Accounting for Australians- Made Easy. smallbiztaxandacc.blogspot.com.au Melbourne, Australia Joined August 2012-
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Interest rates and shares thenewdaily.com.au/money/your-bud…
Offset vs redraw- the tax difference gillespieandco.com.au/latest-article…
Advice on making life easier medium.com/an-idea-for-yo…
House price update domain.com.au/news/melbourne…
“When you do #stage a home, not only does it set the scene, but it takes your eye away from some of the possible imperfections a house might have.” domain.com.au/advice/the-key…
"In a seller’s market, buyers are more forgiving because the FOMO sets in. In this market, buyers are really scrutinising less-than-perfect listings,” domain.com.au/advice/the-key…
Wesfarmers Chairman says #unemployment would've risen under #Labor
World Economic Forum reports on a German study, which concluded that Australia has the highest minimum wage in the world #Wages #Auspol weforum.org/agenda/2018/12…
Question for Bill Shorten Is it a "gift" to the government when business owners pay extra tax on company profits, beyond what the company has already paid? #Frankingcredits #Auspol
A correction to this- the "half" comment is only referring to super funds who receive cash refunds. If we look at ALL cash refunds from franking credits, the percentage going to funds with over $2.4mil is much lower. #Frankingcredits
A correction to this- the "half" comment is only referring to super funds who receive cash refunds. If we look at ALL cash refunds from franking credits, the percentage going to funds with over $2.4mil is much lower. #Frankingcredits
Attached pic: More on income tax vs #GST in Australia's #tax mix, and how GST take is very low. GST is also more stable. #Corporate tax is more reliant on general economic conditions and commodity prices. Individual & small business tax is too complex.
2016 FactCheck: is Australia among the lowest-taxing countries in the OECD? By 2 academics Yes Overall tax to GDP 28th/34, 9th/34 personal income tax, 2nd/34 corporate tax, 30th/34 GST But I assume corp tax doesn't factor in credits later refunded? theconversation.com/election-factc…
Labor franking credit furphies hurt the most vulnerable, by former OECD director & adjunct professor A Blundell Wignall Argues ALP ethics questionable, responds to "loophole", "no other country" and "wealthy rort" statements made by Shorten & Bowen afr.com/news/policy/ta…
Labor's franking policy is theft from the politically weak, by former OECD director & adjunct professor A Blundell-Wignall Compares Aus, NZ, Canada capital vs double tax countries, argues Aus interest is served by Aus investment- credits pref AU s'holders afr.com/news/economy/l…
What if franking credit refunds didn't exist? By shadow assistant treasurer Andrew Leigh Notes that half of cash refunds go to super accts with more than $2.4mil afr.com/news/economy/w…
Tax wrap ep 186 w/ Ken Mansell. #Labor SMSF? Consider moving to an industry super fund WRAP. Win for industry super. Negative gearing only disallowed against PAYG income. Business or investment income? You're ok Trust dist 30%? More spouses might be "working" in future
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