Profile cover photo
Profile photo
Small Myers Hughes
9 followers -
Small Myers Hughes is a specialist law firm committed to providing exceptional legal expertise in tax law, family law, management rights, and business structuring. SMH is located on the Gold Coast but services clients across Australia.
Small Myers Hughes is a specialist law firm committed to providing exceptional legal expertise in tax law, family law, management rights, and business structuring. SMH is located on the Gold Coast but services clients across Australia.

9 followers
About
Posts

Post has attachment
Self-managed super fund debt is on the rise, should we be alarmed?
Add a comment...

Post has attachment
Hotel freehold sale sets Queensland yield record
Add a comment...

Post has attachment
Noosa tops Gold Coast as Queensland's 'most prestigious' property market
Add a comment...

Post has attachment
How will my divorce affect my kids?
Add a comment...

Post has attachment
Divorce hotels are coming to Australia
Add a comment...

Post has attachment
ATO is watching Short Term Holiday Letters
Add a comment...

Post has attachment
“The ATO is being called on to replace the cumbersome declarations process for a TBAR (transfer balance account report), as it similarly has with Single Touch Payroll (STP) reporting.”
Add a comment...

Post has attachment
“With the majority of the 2016-17 annual returns now lodged, one audit firm expects the ATO will start ramping up its data-matching capabilities to ensure these loans comply with the new rules.

BDO national leader of superannuation Shirley Schaefer said now that most of the 2016-17 annual returns have been lodged, the ATO will be able to identify those funds that have related party borrowing arrangements in place and whether they’re on arm’s length terms or not.

Back in 2014, the ATO issued an interpretative decision which confirmed that unless related party limited recourse borrowing arrangements align with arm’s length terms and conditions, the income is likely to be taxed as non-arm’s length income (NALI).”
Add a comment...

Post has attachment
“A complete review of Australia's tax administration is needed by 2022, part of efforts to simplify the rules, boost public engagement and improve compliance.

Parliament's bipartisan committee on tax and revenue has called on Prime Minister Scott Morrison and Treasurer Josh Frydenberg to launch what would be the most significant taxation review since Ken Henry's landmark report was commissioned by the Rudd government in 2008.”
Add a comment...

Post has attachment
When Choosing the Right Mediator Don't Overlook Implicit, Cognitive Biases
Add a comment...
Wait while more posts are being loaded