02 4969 4699
02 4969 4699
The Garis Group Logo
Emma Zajac
291 posts
Early Stage Business Owner with Employees

How to make your early stage business run more efficiently

Emma Zajac
Early stage businesses should be looking for ways to make their employees more productive and their business more efficient. More often than not, the answer lies in technology. But that doesn’t necessarily mean buying all the business-ready technology and software that’s available – instead, it’s about identifying which will have the most positive impact on…
Carpark

ATO Called Out on Draft Car Parking FBT Ruling

Emma Zajac
, , ,
The professional accounting bodies have called on the ATO to withdraw its draft car parking fringe benefits taxation ruling, arguing that it would capture regional employers and slug an extra $1.6 million in FBT costs to current taxpayers. Late last year, the ATO released draft taxation ruling 2019/D5, detailing conditions considered as providing a car parking benefit.…
Family Home Living Area

Clients Warned On CGT MRE Changes: ‘Don’t be too clever’

Emma Zajac
, ,
Clients affected by changes to the main residence exemption have been urged to be “very careful” when attempting to navigate the transitional provisions, with anti-avoidance rules potentially applying. Late last year, the government passed changes that would deny non-residents the CGT main residence exemption for CGT events that happen on or after 9 May 2017,…
Female small business owner using xero app

News | Xero Reveals New Small Business App

Emma Zajac
, , ,
Xero has announced a number of new additions, including a new financial insights app backed by a major bank, and the integration of Uber for Business. Announced at Xero’s 2020 Australian Roadshow, Xero users will now have access to the Vonto app, which promises to process a small business’s Xero data to deliver insights into…
Yacht at Sunset

News | ATO Targets ‘Lifestyle’ Assets

Emma Zajac
, , , ,
The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts. The review, expected to impact 350,000 taxpayers, reaches from the 2015-16 to 2019-20 financial years, revealing assets that previously may not have been disclosed or underreporting of income. “If a taxpayer is reporting a…
picture of a family home with toys on the floor

CGT and the family home: expats and foreigners excluded from tax exemption

Emma Zajac
, , , ,
Late last year, legislative changes were made that exclude non-residents from accessing the main residence exemption. The retrospective changes directly impact foreigners and expats whose main residence is in Australia or overseas. We explore the impact. Key points ·       Non-residents for tax purposes excluded from the main residence exemption from 9 May 2017 ·       Transitional…
Menu
Call Now 02 4969 4699