Australian politics has been pretty colourful over the last decade and the Federal Election set for mid this year will be no exception. So what does a change of government mean for families and small business? We have put together a few predictions of what we think might change under a Labor government and the impact it may have.
There are plenty of important dates to remember where the ATO are concerned, and the Fringe Benefits Tax of FBT year end is one of them. The FBT year runs from 1st April each year to the 31st March the following year.
On 21 February 2019, AusIndustry released new software guidance documents: “Software Activities and the R&D Tax Incentive” and a “Guide to Common Errors”.
Remember when the tax rate for all companies was 30%? Well since 2015 this rate has been slowing dropping. Here is what you need to know about the accelerated tax rate reduction and how it affects your business.
Great accountants don't just take care of tax-prep and compliance issues. Numbers really do tell a story and today's entrepreneurs are turning to qualified business accountants to help drive success and business profits.
We often think of an accountant as the person that does our tax return or lodges our BAS statements each quarter. But an accountant with true commercial acumen can really make a significant difference in your business and help you.
Strengthening and developing your relationship with your accountant is really an investment in your long term business success.
Here are some examples of how your accountant can add more value to your business.
Tax time may be over, but some scammers are just getting started. Stay vigilant and warn your friends, family and clients so they don’t get tricked into paying a fake debt.
It’s beginning to look a lot like Christmas...
While Santa’s checking his pressie list, make sure you check out our 8 tips to get yourself and your Business ready for the Festive Season.
The 2018-2019 tax year is well under way. Small business owners know that cash flow is often a major worry and stress. Living on tight margins, every penny counts. So make sure you aren’t paying more tax than you need to!
Having a tax debt can be stressful. But there are proactive things you can do to ensure that you handle your tax debt in a way that will keep you out of hot water with the Australian Taxation Office (ATO).
Starting a business is an exciting time in your life. There are so many decisions to make and important things to learn, and tax is often the last thing that we want to think about. However, you can get into hot water pretty quickly if you ignore your tax obligations. So here are 7 common tax questions that you need to know if you are starting a business:
Small business owners need to be aware of tax concessions. While you need to check your eligibility, here are a few concessions may apply:
We know most accountants have a reputation for questioning and sometimes challenging your deductions. But here are a few that you didn’t think you could claim, but are actually legitimate! Just make sure you keep your receipts.