We have moved!

Butlers Accountants is now located at:
27 Griffith Street Coolangatta (Corner Dutton St)

Butlers Blog

The latest articles about taxation, business, superannuation and more...

Business can claim previous year tax losses.

Thursday, 10 September 2020   

If your business has made tax losses in years to the current one, but you haven’t yet offset all those losses, you can still carry these forward and claim a deduction for them in a later year — as long as you meet all the requirements of the tax ...

Continue reading

Job Keeper 2.0 - What we know so far !

Thursday, 10 September 2020   
Job Keeper 2.0 - What we know so far !

The end of September will be upon us soon and businesses needing ongoing support must get familiar with the rules of JobKeeper 2.0. The first thing to note is that businesses need to qualify separately for each extension period. To qualify for th...

Continue reading

Homebuilder is here. Who is set to Benefit

Thursday, 4 June 2020   
Homebuilder is here. Who is set to Benefit

The government has unveiled the HomeBuilder scheme, which will see eligible owner-occupiers who are either building or undertaking a substantial renovation given $25,000 for doing so. But who will actually benefit from the stimulus? Treasury have an...

Continue reading

Getting ready for EOFY

Wednesday, 3 June 2020   

t’s that time of year again…. although these are unprecedented times, it is time to start preparing to finalise the financial year 2020 to complete budgets and scenario modelling for the new financial year. Effective tax planning reduces tax payable ...

Continue reading

Instant Asset Writeoff Set for Significant Drop

Wednesday, 3 June 2020   

The $150,000 instant asset write-off will soon revert to its original threshold of $1,000 in just over four weeks, with businesses urged to consider the measure ahead of the end of financial year. Announced in the first round of the  of th...

Continue reading

ATO Lodgement Deferrals Announced

Monday, 27 April 2020   

The ATO have released new payment and lodgement dates for obligations that were previously due on 15 May 2020.   The Tax Office will now apply automatic lodgement and payment deferrals for company 2018–19 income tax returns to a new due date o...

Continue reading

Jobseeker - Navigating the Complexities

Monday, 20 April 2020   
Jobseeker - Navigating the Complexities

The Australian Government has introduced the JobKeeper payments to provide wage subsidy of $1500 per eligible employee per fortnight for businesses that are deemed sufficiently impacted by COVID-19. The wage subsidy is available in each of 13 fortnig...

Continue reading