November 2015 Newsletter #SoWhatsInThisEdition
Everyone likes end-of-year Christmas parties, but there's no reason to rack-up a tax bill while celebrating. We list five tips to keep the fun tax-free. While getting a valuation is sometimes necessary, you need to make sure there are no negative tax outcomes. Like everyone, company directors have responsibilities. The potential problem for directors however is that they can be held personally liable. We run over the rules. Also this month we look at the circumstances that allow a deduction for the fees paid for training courses, the reality of bracket creep and tips to reduce the impact, and the necessary steps you need to take when winding up your SMSF.
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