Business
Avoid double dipping on your deductions
Taxpayers are reminded not to make the mistake of ‘double dipping’ on deductions (that is, claiming expenses twice) in their tax return this year. Some
June 2, 2022
Business
Changes under STP expansion
Employers need to prepare for changes under STP expansion Single Touch Payroll (‘STP’) reporting has been expanded. This expansion, known as ‘STP Phase 2’, means
June 1, 2022
Business
ATO support for businesses in difficult times
The ATO has reminded taxpayers that it has a range of support available for small businesses experiencing difficult situations, such as natural disasters, mental health
February 3, 2022
Business
Employee or independent contractor: Impacts for PAYG & SG
The distinction between who is an employee and who is an independent contractor has been an evolving and lengthy process. To check if your worker is
February 2, 2022
Business
Merry Christmas and Happy New Year
With Christmas and New Year just around the corner, we would like to take the time to thank you for your continued support. Our office
December 3, 2021
Business
Scam Alert!
Scamwatch is warning that scams cost Australian consumers, businesses and the economy hundreds of millions of dollars each year and cause serious emotional harm to
December 3, 2021
Business
Christmas / Year-End Parties / Gift FBT Liability
As the Christmas / Year-End party season nears, a reminder about Fringe Benefit Tax (FBT) liability, noting the heightened risks this time of year traditionally
December 3, 2021
Business
Apply for a Director ID
APPLYING FOR A DIRECTOR IDENTIFICATION NUMBER Recent legislation has introduced new obligations for company directors requiring them to obtain a personal director identification number (‘Director
December 2, 2021
Investors
Reminder for first-time share investors to declare income
With the growth of micro-investment platforms helping new investors enter the market, the ATO has issued a reminder for first-time share and Exchange Traded Funds
October 1, 2021
Business
Travel allowances and ‘LAFHAs’
The ATO has released a ruling explaining: When an employee can deduct accommodation and food and drink expenses when travelling on work; The FBT implications,
September 3, 2021