The Government has updated details for it’s latest Coronavirus support package for Business. As at 31/3, the following support initiatives have been announced (extracted from treasury.gov.au on 31/3/2020) “The Australian Government is supporting Australian businesses to manage cash
From 1st July 2018, all businesses who have 20 or more employees need to be set up for Single Touch Payroll (STP) which, in a nutshell, is direct reporting to the ATO of PAYG and Super contributions every payday. Businesses
The Australian Tax Office (ATO) is targeting privately owned and wealthy groups that display specific behaviours and characteristics in relation to their tax affairs and lifestyle. A large focus is currently on lifestyle assets and private pursuits that generate deductions
The ATO is warning Australian taxpayers to be careful with their personal information. The crime of identity theft can create a number of issues for a victim, such as a poor credit rating, money stolen and bank accounts emptied, and
Our culture is one of care, not just for our clients and our staff, but also for the community in which we live and work. This includes donations to various charities and community organisations. One of these is the Breast
While there have been no tax cuts for individuals in the Budget, the Government has introduced concessions in several areas addressing the cost of living. Downsizing retirees From 1 July 2018, Australians over the age of 65 can contribute the
30th June is fast approaching – here are some things to consider which may assist in reducing your tax bill. Small Business Consider whether any necessary equipment purchases should be brought forward or delayed
We are now taking appointments for 2017 tax return preparation. Give us a call on 08 8339 4950 and we will book you in! Our fee to prepare a basic employee tax return is $150, which includes a review of
BAS / IAS Returns 31st March, 2017 Just a reminder that we are at the end of the March quarter BAS. We would appreciate if you could collate and send your data / update your files as soon as possible
The ATO is targeting individuals (at, or approaching, retirement age) purporting to divert personal services income to a SMSF to minimise or avoid income tax obligations. A person earns personal services income (PSI) when 50 per cent of their income
