The GST status of allied health services will take you on a long journey up and down Subdivision 38-B of the GST Act.

Medical reports are GST-free if covered by Medicare. If not covered by Medicare, a specific ATO rule applies.

Medical services are almost always GST-free with a few exceptions. But the all-deciding question is what qualifies as a medical service.

When you ask the ATO for a remission of your clients’ GIC and penalties, follow these 20 steps and have a fair chance of success.

Tax positions in Class Super – or any accounting software for that matter – can be confusing. So here is a short overview for Class Super.

Passively held assets can still qualify for the small business CGT concession. They may if used in the business of a related entity.

The deductions under Div 43 make up the bulk of a property investors deductions. And the good news is that the changes to Div 40 don’t affect Div 43.

Div 40 is about the deprecation of plant and equipment. Since 2017 significantly curtailed but still better than nothing.

Your Statement of Financial Position usually shows an income tax payable and a provision for income tax. What is the difference?

The scenario of a Div 7A UPE can result in a huge tax bill.  UPE stands for unpaid present entitlement.