Blog
View a selection of articles and blog posts by Trak Accounting.
Have you bought and sold shares this financial year? Share trading is easier than ever but you still need to include details on your tax return. Talk to us about your shares holdings so we can maximise your return.
If you operate a building, cleaning, courier, road freight, IT or security business, you may need to submit a taxable payments annual report to the ATO. Talk to us about whether you need to complete a TPAR, and we’ll get it ready by 28 August.
Crypto transactions are on the ATO radar. Tax and GST rules apply the same to crypto as to other forms of payment, just like bartering. Talk to us about getting your crypto transaction records together for your tax return.
Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Book in your tax return appointment now and rest easy knowing it’s under control.
Do you use income splitting to reduce tax? The ATO is changing rules around income splitting and is checking taxpayers who may have high-risk agreements. Book a time with us to review existing arrangements prior to new rules starting in July 2021.
Apportioning goodwill and equipment in sale contract
