ATS-NEWSLETTER

The taxation of super death benefits

The taxation of super death benefits

Wondering if your beneficiaries will pay tax on your superannuation death benefits? The answer is it depends on a number of important factors.

Don't ignore those tax debts: the ATO won't!

Don't ignore those tax debts: the ATO won't!

Whilst the ATO went out of its way to assist businesses doing it tough during the COVID lockdowns, a more robust approach to collecting outstanding tax debts no…

Two "main residences" is possible

Two "main residences" is possible

The CGT exemption for a person’s home is only available in respect of one home owned at any given time. In other words, you can’t get two main residence exempti…

Taken goods for private use? Here’s the latest values

Taken goods for private use? Here’s the latest values

The ATO knows that many business owners naturally help themselves to their trading stock and use it for their own purposes. This common practice can occur in bu…

Lost or destroyed tax records? Don’t panic!

Lost or destroyed tax records? Don’t panic!

Now and then, taxpayers may find themselves in a situation where they simply have no records to back up a tax claim. There can be many reasons for this, such as…

Give yourself a super gift this new year

Give yourself a super gift this new year

Superannuation is your money so it pays to take an active interest during your working years. Review your current super and make some simple changes to boost th…

SMATS Chats
Latest Podcasts

Welcome to the New World! - 15th Annual Market Update Webinar

Join Steve Douglas as he discusses:

  • Global financial markets, issues & influence on our daily lives;
  • Australian property markets, driving factors and has it peaked?
  • International markets review & forecast;
  • Australian Dollar review & prediction;
  • Interest rates…

Australian Residency Tax Changes Q&A - May 2021

Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.

You can also book a FREE 20 minute tax consult by emailing smats@smat…

Australian Residency Tax Changes and Implications for Aussie Expats

Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:

“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…

16th Annual Australian Budget 2021 Review

We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:

• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…

Will the Australian Property Market Crash?

Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.

However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…

Australian Migration Tax Planning

For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process. 

The Australian taxation system is extremely complex and taxes residents worldwide income. 

Thankfully, legal and sensible tax …

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.