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Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.

Document Type

Publication

Pages

202

Published

April 17, 2025

Notes Online Home 2025 Tax Schools Day 1

This publication, as a whole, is available in HARDCOPY only.

These seminar notes cover the following topics:

  • What's New
  • Tax-Effective Planning Strategies For Individuals
  • ATO's Latest Attack On Rental Properties
  • Latest Audit Danger Areas For Individuals

Chapters and Articles in 2025 Tax Schools Day 1

CGT cost base issue for rental properties

Interest expense claims for rental properties in the ATO's firing line - 'high risk' claims

Common audit dangers with claiming repairs to a rental property

The depreciation trap with using a former (or current) home for income-earning purposes

Claiming land tax that is paid in arrears - in which year is the deduction claimed?

Audit dangers with car expense claims under the log book method in division 28

The audit traps for individuals who use their home for work or business

Common audit dangers for foreign residents

Common audit traps with medicare levy exemptions and the medicare levy surcharge

Managing an ATO audit for individual clients

The benefits of salary packaging additional super contributions under recent changes

The benefits of using the First Home Super Saver ('FHSS') scheme for first home buyers

Savings for employees who salary package and FBT-exempt electric car

CGT Planning with dwellings that are used as a main residence (e.g., the family home)

Maximising home office expense claims under the ATO's fixed-rate method

Tribunal challenges the ATO's approach to travel allowance expense claims

Employee denied claim for transporting bulky equipment from home to work

Court ruling allows settlement claim in defending actions related to employment

New ATO ruling provides greater claims for financial advice fees

Recent tribunal decisions signal dangers with self-education claims

Updated TPB guidance for practitioners