What’s changing on 1 July 2022?
A series of reforms and changes will commence on 1 July 2022. In this article we look at what’s coming up for businesses and individuals.
What’s changing on 1 July 2022? Read More »
ATO ramps up heat on directors
Recently, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations. These letters are a warning shot and should not be ignored.
ATO ramps up heat on directors Read More »
Can I claim a tax deduction for my gym membership?
There are lots of reasons to keep fit but very few of them have to do with how we earn our income. As a result, a tax deduction for a gym membership isn’t available to most people.
Can I claim a tax deduction for my gym membership? Read More »
Digital Solutions to Bridge the Gaps in Your Business
As a small business owner, it’s important to keep your finger on the pulse with what’s new to ensure you’re keeping up with the competition and even getting ahead with the latest in all things business!
Digital Solutions to Bridge the Gaps in Your Business Read More »
Is It The End For Trusts? | Corporate Trust Structure
Is it the end for Trusts? It been said that the death of trusts happened in February 2022 with the law on company beneficiaries, but is it really true or is that an exaggeration?
Is It The End For Trusts? | Corporate Trust Structure Read More »
Fuel tax credit changes
The Government temporarily halved the excise and excise equivalent customs duty rates for petrol, diesel and all other petroleum-based products (except aviation fuels) for 6 months from 30 March 2022 until 28 September 2022.
Fuel tax credit changes Read More »
Essential Record-Keeping At Year-End For Your Business
It may seem like the importance of record-keeping is overly stressed by us, but it’s a critical part of the wrap-up of the year-end. Good record-keeping makes it easier to meet your tax obligations, manage your cash flow and make sound business decisions going forward.
Essential Record-Keeping At Year-End For Your Business Read More »
The In’s and Out’s of PAYG
We have many clients asking us, what is PAYG, why do I need to pay the ATO upfront and how does it affect a business? There’s no need to struggle to understand this system anymore, let’s break it down!
The In’s and Out’s of PAYG Read More »
2022 End Of Financial Year Checklist
Maximise your tax deductions for the 2021-22 financial year by conducting a thorough review of your records. But to do that, you need to know where to start. Here are some of our top tips for businesses and individuals when it comes to year-end tax planning.
2022 End Of Financial Year Checklist Read More »
COVID-19 Tax Deduction Deadlines Approach
Tax deductions introduced by the Australian Taxation Office to lessen the impact of COVID-19 are approaching the end of their eligible timeframe. To ensure that you or your business do not miss out, here are some of the deductions you could claim at the end of this financial year (if eligible).
COVID-19 Tax Deduction Deadlines Approach Read More »