Bentleys BulletinWelcome to the latest edition of Bentleys Electronic Bulletin. Thank you for taking the time to read the articles included in this edition. |
SMSFs and Business Real PropertyA new Taxation Office Draft SMSF Ruling explaining the term “business real property”. 2008-09 Federal Budget Follow-up - Depreciation rate for in-house softwareAlso following the passing of the Tax Laws Amendment (Budget Measures) Bill, there are amendments to ITAA 1997 to increase the period over which taxpayers write off depreciable in-house software from 2½ years to 4 years. Export Market Development GrantsApplications for Export Market Development Grants for 2007/08 grant year open on 1st July, 2008. The grant is administered by Austrade and provides a wide range of support to Australian exporters. Budgets are ImportantThis is the time of the year to think about your financial performance for the next 12 months. FBT Car Parking ThresholdThe Tax Office has stated that the car parking threshold............. Capital Improvement Threshold ReleasedThe Tax Office has released the capital improvement threshold...... Increase in Pension ThresholdsThe assets test thresholds for pensions will increase from 1 July 2008. |