This article discusses the Australian position on income tax, tax on disposal, and deductions. It covers scenarios related to capital gain/loss, indexation, and allowable expenses for tax deductions.

Individual case study assignment

This case study requires individual research using a range of tax resources to develop a written advice for a client, incorporating uncertainty and assessing written communication skills.

Australian Position on Income Tax, Tax on Disposal and Deductions

This article provides a critical analysis of the case facts and applicable taxation laws to offer tax advice to Elwood. It covers starting a new business, sale of assets, and general deductions. The article also includes relevant case laws and legislations.

Hartpury University and Hartpury College

Taxation Law: Analysis of Case Facts and Tax Advice for Elwood

This article discusses the classification of tax assets in Australian Tax Law as collectable, personal or CGT assets. It explains the rules for capital gain tax on gain and losses for each asset type. The article also provides examples of assets that fall under each category, such as shares in BHP and personal residences.

Finance

Classification of Tax Assets as Collectable, Personal or CGT Assets

Janet Brown Taxable Income and Advise

This article discusses taxation law related to starting a new business, sale of assets, and general deductions. It covers the tests for ascertaining if a company is an Australian resident for tax purposes, exemptions from capital gains tax, and general deductions permissible under s. 8-1 ITAA 1997. The article also includes references to relevant cases and legislation.

Taxation Law: Starting a New Business, Sale of Assets, and General Deductions

This article discusses taxation laws related to starting a new business, sale of assets, and general deductions. It covers the conditions for Australian tax residency, exemptions from capital gains tax, and deductions for interest on business loans. The article also explains the exemptions for personal use assets and the negative limbs attached to general deductions.

Australian Position on Income Tax, Tax on Disposal and Deductions

Taxation Law: Analysis of Case Facts and Tax Advice for Elwoodlg...

Classification of Tax Assets as Collectable, Personal or CGT Assetslg...

Janet Brown Taxable Income and Adviselg...

Taxation Law: Starting a New Business, Sale of Assets, and General Deductionslg...

Taxation Law: Starting a New Business, Sale of Assets, and General Deductionslg...

Tax Theory and Calculation - PDFlg...

Taxation Law: Analysis of Case Facts and Tax Advice for Elwood

Classification of Tax Assets as Collectable, Personal or CGT Assets

Janet Brown Taxable Income and Advise

Taxation Law: Starting a New Business, Sale of Assets, and General Deductions

Taxation Law: Starting a New Business, Sale of Assets, and General Deductions

Tax Theory and Calculation - PDF