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Posts by Success Tax Professionals

Avoid penalties with an ATO payment plan

By Success Tax Professionals | September 19, 2023 | 0
three people

An ATO payment plan allows you to break down your payment into smaller amounts made via instalments and spread over a fixed period.

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Safeguard your assets with an asset protection plan

By Success Tax Professionals | September 12, 2023 | 0
red car

Asset protection aims to create a barrier between your assets and potential threats such as a legal dispute or financial crisis.

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Navigate the complex world of insurance with an insurance broker

By Success Tax Professionals | September 5, 2023 | 0
insurance costs

Insurance brokers act as intermediaries between individuals or businesses seeking insurance coverage and insurance companies.

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Discretionary trusts – ensure trust distribution resolutions are signed before 30th June

By Success Tax Professionals | August 29, 2023 | 0

Discretionary trusts must ensure that by 30th June, the trust income is appropriately distributed to beneficiaries for taxation purposes.

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Witchcraft tax deductions

By Success Tax Professionals | August 22, 2023 | 0
witchcraft

Witchcraft expenses are tax-deductible if they are likely to increase the individual’s employment or business income.

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Chopstick Tax

By Success Tax Professionals | August 15, 2023 | 0
sushi roll

China has a 5% tax on disposable wooden chopsticks to reduce demand for wooden chopsticks to preserve their shrinking forests.

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The Isle of Man has a tax cap of £120,000

By Success Tax Professionals | August 8, 2023 | 0
adventure man

The Isle of Man is a low-tax economy with no capital gains tax, wealth tax, stamp duty, or inheritance tax and tax cap of £120,000.

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Webcam strippers tax

By Success Tax Professionals | August 1, 2023 | 0
neon lights

In 2009 Sweden introduced the webcam strippers tax to tax online sexual services where stripping is a legal profession.

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Transgender Pakistan tax collectors

By Success Tax Professionals | July 25, 2023 | 0
girls partying

Transgender individuals (known as ‘Hijra’s’) have been recruited to collect outstanding taxes from delinquent taxpayers in Pakistan.

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Metabo Law to decrease Japan’s obesity rates

By Success Tax Professionals | July 18, 2023 | 0
sumo wrestling

The ‘Metabo law’ is, in theory, simple – stay below a government-mandated waistline of 85 cm for women and 90 cm for men.

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