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Who is the biggest? In a globally connected word with instant access to "everything". whoever shops or spends time with the third provider or a small local something. Unless it's food or coffee...

* Shop at Amazon and it turns up the same day or next day and you don't have to leave home.* Share at facebook or Instagram and your done* Buy an apple mac or watch likewise, hardware is done.* Buy a samsung TV* EtcThe concentration of influence, creates a concentration of power and money. Disparity in influence and wealth is accelerating unrest. But you can buy cool shit fast. ... See MoreSee Less

Who is the biggest?  In a globally connected word with instant access to everything. whoever shops or spends time with the third provider or a small local something.  Unless its food or coffee...  

* Shop at Amazon and it turns up the same day or next day and you dont have to leave home.
* Share at facebook or Instagram and your done
* Buy an apple mac or watch likewise, hardware is done.
* Buy a samsung TV
* Etc

The concentration of influence, creates a concentration of power and money.  Disparity in influence and wealth is accelerating unrest.  But you can buy cool shit fast.

SMSF Insights. ... See MoreSee Less

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Your home.... CGT free? Not always. There is a 6 year rule. But if you sell Non Resident.... No general deduction, No PPOR exemption. LOTS of tax. Understand the rules when selling an asset. ... See MoreSee Less

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ATO Targets Private Wealth in FY2026 ... See MoreSee Less

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Family Trusts Just One of 7 ATO Targets This Year – What You Need to Know

The Australian Taxation Office (ATO) has shifted firmly from pandemic-era leniency to a broad compliance crackdown, with family trusts just one of seven major focus areas for 2026. The ATO is now closely scrutinising strategies commonly used by higher-income Australians and small business owners to minimise tax.Key areas under review include:⚠️ Family trust elections (FTEs) and historic errors triggering family trust distribution tax⚠️ Income splitting via trusts, companies and partnerships (especially personal services income)⚠️ Holiday homes claiming deductions while being used mainly for private purposes⚠️ Everett assignments used by professional firm partners⚠️ Philanthropic structures providing indirect benefits to families or related entities⚠️ Unpaid present entitlements (UPEs) following the Bendel High Court case⚠️ Franking credits and bucket companies, including 45-day holding period breachesThe ATO has made it clear that intergenerational wealth transfers and trust-based succession planning are now high-risk areas. While limited amnesties and interest relief exist for those who self-correct, enforcement activity is expected to increase through 2026. ... See MoreSee Less

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