• Newsletter De Luca Partners – December 2017

    Recent legislative changes mean that SMSF trustees need more than ever to stay aware of the value of assets, and makes the forced unwinding of an LRBA a more real possibility for many. We run over the practical aspects. We also look at the top 10 tax mistakes that rental property owners can make, pick […]

  • Newsletter De Luca Partners – November 2017

    As it’s getting ever closer to the festive end of the year, we thought it prudent to run over the rules regarding Christmas parties and FBT. And borrowing money from a private company, even if it is your own business, can have serious pitfalls if not carried out correctly, so we look at the dangers […]

  • Newsletter De Luca Partners – October 2017

    There were a couple of housing-based superannuation contribution proposals contained in this year’s Federal Budget, for which draft legislation has finally been tabled. We run over the finer details that have been revealed. And if you or anyone you know has considered driving an Uber car to earn some extra income, we have some essential […]

  • Newsletter – De Luca Partners – 2017-18 Rates and Thresholds

    The 2017-2018 Lodgement Rates and Thresholds newsletter helps demonstrate the tax compliance. Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact our office for personal advice. Click to Download Newsletter – De Luca Partners – 2017-18 Rates and Thresholds Guide Disclaimer: All information provided in this newsletter […]

  • Newsletter De Luca Partners – September 2017

    The small business CGT concessions can be extremely valuable, but sometimes the complexity of the details can be confusing. We clear up some of the more obscure factors. The rules around LRBAs for SMSF trustees have been fiddled with again, and necessitate (again) a look at the fine print. There is also a new statistical […]

  • Newsletter De Luca Partners – August 2017

    Making claims for travel allowances is a handy deduction for many employees, especially as the ATO has seen fit to make an exception to substantiate these claims in many circumstances. However this consideration comes with a warning — get it right, or lose that exception. We run over the particulars. Did you know that there […]

  • Newsletter De Luca Partners – July 2017

    The ATO is on the warpath over incorrect deductions that many taxpayers try to claim for holiday rental properties, so we take a look at the issues that have been grinding the taxman’s gears. And if you’re going to soon make an appointment to complete your tax return, we’ve made a general checklist of things […]

  • Newsletter De Luca Partners – June 2017

    The end of the financial year is in sight, but businesses shouldn’t assume their 2016-17 tax outcome is set in concrete just yet — there are still some legitimate tax planning strategies that can help us help you not pay a cent more tax than you have to. We also look at how to make […]

  • Newsletter De Luca Partners – May 2017 Federal Budget

    The budget announcements contain a suite of tax and superannuation measures aimed at increasing housing stock and improving housing affordability. While the government has not gone close to clamping down on the political and social hot potato of negative gearing, it has taken some steps to restrict the travel expense and depreciation tax breaks enjoyed […]

  • Newsletter De Luca Partners – May 2017

    There can be capital gains conundrums when sub-dividing the family property, so we run through the typical scenarios to dissect the likely tax outcomes. And another perennial head-scratcher is the deductibility of the interest payable on borrowed funds. A GST exemption is available when a “going concern” business is involved, so we look at the […]

  • Newsletter De Luca Partners – April 2017

    There’s nothing wrong with sourcing certain business assets through peer-to-peer websites like Gumtree or even a Facebook group. It’s when it comes to substantiating a tax claim that these sorts of transactions can end up being difficult. The ATO’s rules regarding deductions claimed for work clothing, or for laundering clothes, are fairly straight-forward, but there […]

  • Newsletter De Luca Partners – March 2017

      FBT and the provision of cars to employees continues to cause potholes in the road to smooth tax compliance for businesses. We run over the usual FBT return problem areas. Also, as the “sharing economy” is becoming more prevalent, the ATO has found it necessary to issue some guidance. A not-uncommon conundrum for many […]