INSIGHTS | NEWS

The festive season is the perfect time to show appreciation to your clients and employees. While giving gifts can strengthen relationships and boost morale, it’s also important to consider the tax..

The climate crisis and the cost of living are two prominent issues at the forefront of many people’s present-day concerns. The government recently introduced legislation to address the former, but if..

As the new financial year approaches, there are two important changes to Super Guarantee (SG) that will be of relevance to your business. Namely, the rate of Super Guarantee is increasing from 10% to..

As we are quickly approaching the end of financial year 30 June 2021, now is a good time to start tax preparation and have a look at both your expected taxable income for the current financial year..

Many businesses offer their employees fringe benefits but these perks come with their own set of rules and tax treatments. The Fringe Benefits Tax (FBT) year runs differently to the financial year,..

Many business owners shudder at the mention of tax time, but it doesn’t have to be a stressful time. The key to a stress free tax time is preparation. The earlier you start preparing the easier it is.

In a competitive employment market many employers are looking for ways to differentiate themselves and show benefits to employees. Rather than focusing on salary many companies opt to offer their..

The way you access government online services is changing. If you are currently accessing the ATO’s Business Portal using your Auskey or Manage ABN Connections, you will need to complete some actions..

With the growing number of cloud based accounting software's and their supporting phone apps, small businesses may start to see that their accounting and therefore tax preparation is becoming easier..

If fringe benefits tax (FBT) is applicable in your business, you need to make sure you plan ahead and consider the FBT implications of providing Christmas parties and gifts. There is no separate FBT..

Most businesses and individuals have a Tax Accountant. This is someone who every year (or for a business it might be quarterly) prepares their tax for them. This is what we call tax preparation. But..