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20
Sep

Thin capitalisation – how do you measure up?

In simple terms, the thin capitalisation rules operate so as to deny deductions for interest expenses where an entity’s debt exceeds the maximum allowable level. There are a number of different methods for calculating the maximum debt, the most common being the 'safe harbour debt amount'.

20
Sep

Blackhole Expenditure

The Commissioner has issued a Taxation Ruling affirming his views on the interpretation of the operation and scope of the blackhole provisions. Broadly, the blackhole provisions apply where:

11
Sep

Adding Value to your SMSF

Following a change in law, superannuation funds are now starting to borrow to fund certain investments.  Whilst the change in the law has been with us for a number of years, it is only now that more people are taking up the opportunity to borrow to invest in their Self...

20
Jan

Employee Share Schemes (“ESS”)

Issuing employees with shares or options has long been a part of employer’s long term strategy to incentivise staff, by linking employee remuneration with share price performance.