‘OnlyFans’ + Content Creators get tax risk warning
‘OnlyFans’ + Content Creators get tax risk warning Laura Miller, B.Com, CA. 03 May 2023 The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has...
Will you pay tax on your family home if you sell?
Will you pay tax on your family home if you sell? Laura Millar, B.Com, CA. 13 July 2022 Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital gains tax...
You can save tax in 2022 with superannuation opportunities!
You can save tax in 2022 with superannuation opportunities! Laura Millar, B.Com, CA. 26 April 2022 It’s a good idea to start thinking about your superannuation and topping this up because it’s likely to be the most important source of income when you retire. But did...
ATO Changes Rules On Trust Distributions
ATO Changes Rules On Trust Distributions Laura Millar, B.Com, CA. 26 April 2022 The ATO have released 4 tax rulings that will stop commonly used trust distributions to family members. It’s one of the most significant developments for the taxation of trusts in over two...