Accidentally paid superannuation late for a strata you manage? Here’s how to fix things and cover yourself... without alerting your clients.

A strata manager can still be legally liable for the tax affairs of a strata company if they are listed as the public officer... even if they no longer manage the property!

Accrual based accounting (recording income and expenses based on when they're incurred rather than when paid) is the accepted best practice in strata.. but it can cause a headache when it comes to income tax.

There exists a little known nuance in the ATO's Tax Ruling 2015/3 that can greatly reduce the tax payable by strata companies operating a pay per use laundry facility for their residents.

Can you get away with not charging GST on levies if they're only used for loan repayments?

A forensic audit to review the suspected financial mismanagement of a prior manager often results in good money disappearing after bad.

What are the tax treatments when a strata earns money from laundry and vending machines?

Unlike business financials, strata companies rarely show an expense for depreciation of assets.

How does depreciation work with common property?

Things to think about when investing a strata company's surplus funds:

Are strata companies really providing any 'taxable supply' for GST purposes?

Agency Relationships - How to claim GST when a supplier invoice is made out to another entity.