There is an old saying that ‘if it looks like a duck, swims like a duck and quacks like a duck, then it probably is a duck’. The same concept should be applied when assessing the merits of a scheme or transaction where the objective is to avoid tax.
Take a look at company tax rates, imputation and small business deductions
Tips for claiming work-related expenses, and a reminder about recent superannuation changes
The magic words when it comes to completing your return. We have some tax relief advice for both individuals and small businesses