This edition of Newsflash is for wage earners. Early in the year I know but let’s make sure you are totally ready and keeping the right records to maximise your tax deductions in your 2019 tax return.
How about a New Year’s resolution to keep better records. In a recent case, see overtime meal allowance below, even good records won’t help most employees, it seems now impossible for the average worker to qualify to claim a reasonable deduction for an overtime meal.

This edition has lots of useful articles and links for small business.  We know you are busy, it is designed to allow you to quickly identify articles that are relevant to you.  Dig into more detail if you want, through the learn more links.

This edition of Newsflash is for all investors, not just property
investors.

BAN TACS Financial Solutions

BAN TACS now has a financial planning arm where our clients can be confident they will receive objective advice. Further that advice will be given after consultation with your trusted BAN TACS Accountant.
This communication between your two advisors should also make the process much smoother for you.

It’s been too long – Tax Season!   This edition has some great ideas to keep CGT to a minimum on your property.

Date: August 28th 2018 (sent 31st August 2018)

All of the articles in this edition relate to property but not just investing, it includes home owners and first home buyers.  Many with useful links to more detail available on our blog page.

Date: May 30th 2018 (sent 31st May 2018)

This edition of newsflash discusses the end of year financial issues that affect wage earners with links to much more detail for all taxpayers in further reading.

Date: May 10th 2018 (sent 10th May 2018)
This edition of newsflash is a budget summary. Specifically covering the issues we think are relevant to our client base.

Date: May 2nd 2018 (sent 2nd May 2018)
This edition of newsflash is on property and GST. Yes, this could apply to you, even on a home you buy to live in. One slip up and you could be up for the GST over and above the price you paid. There is even more to worry about from 1st July, 2018.
Also links to askbantacs questions on transferring an investment property on divorce and how the main residence exemption works when both spouses bring a home into the relationship.

Date: April 13th 2018 (sent 13th April 2018)
Our latest newsflash covers some of the tricks and traps that affect the taxation of deceased estates. The articles give you an idea of how a little bit of knowledge and careful planning can make a big difference to your family.

Date: March 31st 2018 (sent 3rd April 2018)
March is the end of the FBT year so this edition of Newsflash is devoted to those FBT issues that effect small business. The first point that we can’t stress strongly enough is record the speedo reading on any vehicles owned by your business as at 31st March.