If you have business assets which are expected to decline in value over time, such as machinery, motor vehicles, furniture, computers and phones, it’s likely that you would have claimed a depreciation expense.
TFE, is due to finish on 30th June 2023! Find out more about Temporary Full Expensing in this short video where Pat Mannix explains the in’s and out’s for eligible businesses.
If you’ve provided fringe benefits to your employees or their associates between 1 April 2022 and 31 March 2023, it’s now time to lodge and pay your 2023 fringe benefits tax (FBT) returns.
Welcome to Cotchy’s series ‘ U R the bank’. In this episode, Pat Mannix will chat about Protecting Family Assets. Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect everything. Tune in to each episode!
As a small business owner, it is possible that you may have recently received a grant to support your business during difficult times.
It is important to determine whether a new worker is classified as an employee or a contractor, as it affects tax, superannuation, and other obligations such as workers compensation insurance, as well as the worker’s entitlements.
Here we are in 2023! A brand-new year with a set of a brand-new personal resolutions!
When you employ new staff and offer them a choice of super fund, it’s possible that they won’t choose one. If this happens, you will need to request the employee’s stapled super fund from the ATO in order to meet your choice of fund obligations.
When did you last check your details on the Australian Business Register? If you’re not sure, it’s time to check your details are up to date.
Welcome to Cotchy’s series ‘ U R the bank’. In this episode, Pat Mannix will chat about Protecting Family Assets.
Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect everything.
