Blog

Helping you reduce tax, protect your interests, and grow your income as professional business advisors and accountants.

TAGGART & PARTNERS RECOGNISED FOR BEING AN INSPIRATION TO THE WORLD

Brisbane accountants Taggart & Partners have been named as one of the most inspiring accountancy practices in the world. (Updated Friday, 20 September 2019) They were awarded the accolade as a result of being selected for inclusion in the new book “The world’s most inspiring accountants” which will be published on 27 April. Announcing their

END OF FINANCIAL YEAR TAX TIPS – PLANNING TO AVOID A TAXING TIME

With less than 3 months until the end of the tax year, I’m already getting questions from people about end of financial year tax tips and what they might be able to do to reduce their tax bill. (Updated Friday, 20 September 2019) I know that many of you will groan at the very mention

CGT RELIEF WHEN RESTRUCTURING YOUR BUSINESS

Small businesses will soon be able to change the legal structure of their enterprise without incurring a capital gains tax (CGT) liability. Instead, the CGT liability can be deferred until eventual disposal. Continue reading to learn more about this Capital Gains Tax relief. ‘Tax Laws Amendment (Small Business Restructure Roll-over) Bill 2016’ will apply from

NEW RULES FOR CAPITAL GAINS TAX FOR BUSINESS SALES AND ACQUISITIONS

Recent changes were made to the treatment of capital gains tax for business sales and acquisitions of businesses involving ‘look-through earnout’ rights. How Have Capital Gains for Business Sales and Acquisitions Changed? On 25 February 2016, a new law was enacted to deal with the tax treatment of earnouts for vendors and purchasers. An earnout

TAGGART & PARTNERS ANNOUNCE NEW OFFICE LOCATION

We’re delighted to announce that we’re moving to a new office, located at 884 Stanley St East, East Brisbane. With our new location in the heart of East Brisbane clients will now have the luxury of easy access and on-site parking. The move will take place from this Thursday afternoon 17th March and while we

CHANGES TO FBT BENEFITS

With the new FBT year (Fringe Benefits Tax) due to start on 1 April 2016, it’s worth highlighting a couple of changes to fringe benefits tax that are due to come into effect on this date. The Government has announced the introduction of a separate grossed up cap of $5,000 for FBT salary packaged meal