

2018/19 Tax Update: GST withholding measures have now passed into law
From 1 July 2018, purchasers of new residential premises and new residential subdivisions will be subject to recently passed legislation int


2017/18 Tax Update: ATO focus on holiday home deductions
The ATO has recently confirmed that, while the private use of holiday homes by friends and family is entirely legitimate, such use reduces a


2017/18 Tax Update: Employee denied deductions for work-related expense claims
Further to our earlier update advising the ATO would be increasing its scrutiny on work related expenses, the Administrative Appeals Tribuna


2018 Federal Budget Update
Scott Morrison's third budget is headlined by $140 billion in tax cuts over the next decade, immediate tax relief of up to $1,060 a year...


2017/2018 Update: New Housing Measures - clarification on 'Downsizer Contributions'
Further to our recent post on the new housing measures coming into effect from 1 July 2018, further clarification has now been provided on w


2017/18 Tax Update: ATO announces its focus areas
The Commissioner of Taxation has recently highlighted the areas the Australian Taxation Office has and will be focusing on. These include u


2017/2018 Update: New Housing Measures Passed into Legislation
Parliament has passed legislation which will allow older Australians to 'downsize' and contribute the proceeds of the sale of their


Merry Christmas!
From all of us here at OakWealth, we hope you have an enjoyable end of year break and we look forward to working with you in the new...


2017/18 Tax Update: The Cash Economy - Reminder from the ATO
The ATO is reminding taxpayers that it uses a range of tools to identify and take action against people and businesses that may not be...


SAVE THE DATE: OakWealth's End of Year Client Seminar
We have started the exciting process of planning for the OakWealth end of year client seminar on Thursday, 7 December 2017. Please SAVE THE