Tag: Investors

Superannuation/SMSFs Have you been keeping good records?If you have a self-managed superannuation fund (SMSF), it is important to maintain good records.There are many benefits to applying good record keeping habits for your SMSF. It is also a legal requirement.The benefits…

The ATO allows a cents-per-kilometre methodology for calculating electricity costs where an electric vehicle (EV) is charged at an employee’s or individual’s (e.g. sole trader’s) home.The employer or individual can choose to use this methodology instead of determining the actual…

A ruling issued by the ATO in December last year explains when an individual is an ‘employee’ for PAYG withholding (PAYGW) purposes. In 2022, the High Court handed down two important ‘worker classification’ decisions, i.e. about how to decide if…