Butlers Blog

The latest articles about taxation, business, superannuation and more...

New ASIC Fees from 1 July 2018

Monday, 11 June 2018   

From 1 July 2018, some ASIC fees will increase. For most companies the annual review fee will increase from $254 to $263, late payment penalties will also increase. For a full list of all the ASIC fee changes on the most common lodgements  clic...

Continue reading

End of Financial Year Checklist

Monday, 4 June 2018   
End of Financial Year Checklist

With the end of another Financial Year fast approaching - here a few things to consider to maximise your planning for the year end. Capital Losses Selling poor performing assets may enable you to bring forward a tax loss that can be offset against ...

Continue reading

Federal Budget 2018 Recap

Monday, 4 June 2018   

  PERSONAL TAXATION Personal tax rates: staged seven-year reform plan starting from 2018–2019 In the 2018–2019 Budget, the Government announced staged tax relief for low and middle income earners. The Government is proposing a major ...

Continue reading

Record Keeping for CGT purposes

Monday, 4 June 2018   

Selling your family is usually exempt from Capital Gains Tax (CGT). Depending on your circumstances, such as renovations to your home or using it for business or Air bnb, your entitlements to a full exemption may vary.

Continue reading

Intellectual Property Law Basics

Tuesday, 13 February 2018   

While intellectual property can be a valuable business asset for business owners, it must be legally protected if a business owner wants to increase the value of their business. Intellectual property can add further value to a business when it ...

Continue reading

Over 65 ? New Downsizing your home into super changes

Tuesday, 13 February 2018   

Many Australian retirees find they want a smaller home, or a home more suited to their empty-nest requirements. For some Australians, selling the family home can be great way to release built-up equity to pay for retirement living expenses or in-home...

Continue reading

SMSF Update - Changes to SMSF Reporting

Tuesday, 13 February 2018   
SMSF Update - Changes to SMSF Reporting

Your self-managed superannuation fund (SMSF) may still be struggling with the super reforms after July 1 last year but it's time to focus on capital gains tax (CGT) relief opportunities. Get them wrong and your fund will pay more tax...

Continue reading