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October 2019 – Essential Tax Summary
From Government Review of company tax residency rules The Government has requested that the Board of Taxation conduct a review of the tax residency rules
This Is What Happened When I Broke My Leg…
We had a client recently who broke their leg. It was a simple scenario. driving along 1 day and was involved in a car accident.
Are All Your SMSF Eggs In One Basket?
The investment strategies of Self Managed Superannuation Funds (SMSFs) are under scrutiny with the Australian Taxation Office (ATO) contacting 17,700 trustees about a lack of
September 2019 Tax Due Dates
21 September Lodge and pay August 2019 monthly business activity statement. 30 September Lodge PAYG withholding payment summary annual report if prepared by a BAS
September 2019 – Essential Tax Summary
September is expected to be an active month with Parliament sitting again on 9 September and a raft of determinations and rulings expected. We’ll keep
Weirdest tax deductions revealed
Would you claim the Lego you bought for your kids throughout the year as a tax deduction? One taxpayer did and it made the Australian
August 2019 – Essential Tax Summary
Breaks over! Parliament is back and a raft of previously announced and new tax and super measures have been introduced. Major changes include the small
August 2019 Tax Due Dates
14 August Lodge PAYG withholding payment summary annual report for: large withholders whose annual withholding is greater than $1 million payers who have no tax agent or BAS
Confusion over personal income tax changes – what are you really entitled to?
The recent income tax cuts that passed through Parliament do not mean everyone automatically gets $1,080 back from the Government as soon as they lodge
60,000 Tax Cheat Tip-Offs
Tip-offs to the Australian Taxation Office (ATO) have reached an all-time high with close to 60,000 tip-offs received between June and May 2019 – almost
Laundry Expenses Hung Out To Dry
The ATO is airing the ‘dirty laundry’ on work-related clothing and laundry expenses warning that it is closely reviewing claims. “Last year around 6 million
July 2019 Essential Tax Summary
The ATO has exempted closely held payees such as Directors and family members from single touch payroll for the 2020 financial year. While this is
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