Julia's Blog https://www.bantacs.com.au/Jblog/ By Julia Hartman Wed, 18 Mar 2026 00:05:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.bantacs.com.au/Jblog/wp-content/uploads/2018/01/cropped-bantacs2logo-1-1-32x32.jpg Julia's Blog https://www.bantacs.com.au/Jblog/ 32 32 ATO Loses on Draconian Record Keeping Requirements https://www.bantacs.com.au/Jblog/ato-loses-on-draconian-record-keeping-requirements/ Wed, 18 Mar 2026 00:05:56 +0000 https://www.bantacs.com.au/Jblog/?p=2018 Download PDF       This was an appeal by the ATO to the Federal Court when they lost an ARTA case called Shaw’s Case.  Where an employee long haul truck driver who was paid an allowance for travel expenses was found to have genuinely incurred travel expenses, ie he had to eat!  The truck driver was ...

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]]> Knockdown and Rebuild your Home or a Duplex Tips and Traps https://www.bantacs.com.au/Jblog/knockdown-and-rebuild-your-home-or-a-duplex-tips-and-traps/ Tue, 17 Mar 2026 23:55:32 +0000 https://www.bantacs.com.au/Jblog/?p=2007 Download PDF       Before you start make sure you get advice on all the tax considerations, there are hundreds of thousands of dollars at stake! Main Residence Exemption      If you are considering a knockdown rebuild of your home that you purchased after 19th September, 1985, it is important to realise that your main residence ...

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]]> Double Death Tax https://www.bantacs.com.au/Jblog/double-death-tax/ Wed, 25 Feb 2026 06:41:54 +0000 https://www.bantacs.com.au/Jblog/?p=1999 Download PDF       Delays in administrating an estate can now have huge tax consequences according to the ATO’s latest draft, draft ruling.  This draft, draft isn’t even available to the public or most Accountants yet, but its likely retrospective application means we need to be prepared.  This could tax everything from the family home to ...

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]]> The AARTA was Not Satisfied the Taxpayer Met His Burden of Proof  –  Are You in the Property Business? https://www.bantacs.com.au/Jblog/the-aarta-was-not-satisfied-the-taxpayer-met-his-burden-of-proof-are-you-in-the-property-business/ Sun, 08 Feb 2026 23:23:01 +0000 https://www.bantacs.com.au/Jblog/?p=1983 Download PDF        There are huge tax consequences of being in a property business.  You can hold a property for many years and the ATO can still claim that you purchased it with the intention of resale at a profit.  So subject to income tax, no 50% CGT discount and with new or substantially renovated ...

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]]> Pay Day Super https://www.bantacs.com.au/Jblog/pay-day-super/ Fri, 06 Feb 2026 02:27:25 +0000 https://www.bantacs.com.au/Jblog/?p=1975 Download PDF       Now is the time to start preparing for Pay Day Super, especially if you are using the ATO clearing house.  The penalties and administration for being late are just not worth it! ATO Clearing House Closing       The ATO clearing house closes on 30th June 2026 but you need to act now!  ...

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