The Ultimate Tax Time Checklist for Individuals Tuesday, 25 July 2017 Accounting,Tax The end of the financial year has now passed and it’s time to think;tax! Continue reading
PAYG Instalment Changes Monday, 7 September 2015 Accounting,Tax Some of you may be required to make pay as you go (PAYG) instalments monthly rather than quarterly. Continue reading
Work-related claims: High on ATO's watch list! Wednesday, 26 August 2015 Tax Tax time is in full swing and the ATO has highlighted areas of concern for individuals ahead of tax return lodgement time. Continue reading
Using a Corporate Trustee for your SMSF Monday, 24 August 2015 Accounting,Tax,Superannuation Choosing between an individual and a corporate trustee is an important decision that arises when establishing an SMSF. Continue reading
Capital Allowance Concessions to be abolished by 31 December 2013 Tuesday, 3 December 2013 Accounting,Tax If you are a small business and you are in the market for a new car or small piece of office equipment, now is the time to purchase this before 31 December 2013 before the Coalition abolishes Capital Allowance Concessions. Continue reading
PAYG Withholding Annual Reporting Tuesday, 25 June 2013 Tax The pay as you go (PAYG) payment summary statement along with the originals of all the payment summaries you issued for the financial year, make up your PAYG withholding annual report. Continue reading
Taxable Payments Reporting - Building and Construction Industry. Monday, 17 June 2013 Tax From 1 July 2012, businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year. Continue reading
Year End Tax Planning Strategies Monday, 20 May 2013 Tax,Business Growth Subject to cash flow requirements consider deferring income until after 30 June, especially if you expect lower income for 2013/14 compared to 2012/13. Most businesses are taxed on income when it is invoiced. Continue reading
Fringe Benefits Tax... Are you assessable? Tuesday, 16 April 2013 Accounting,Tax Fringe Benefits Tax (FBT) is applicable when an employer provides benefits to employees. If you employ anyone including family members, you may be subject to FBT. Continue reading
Superannuation - Are you ready for the 1 July changes? Tuesday, 9 April 2013 Tax,Superannuation The Federal Government has introduced several pieces of legislation that come into effect from 1 July 2013. To make sure you're ready for these changes, we have outlined the new legislation that will impact you and your business. Continue reading