INSIGHTS | NEWS

Whilst the ATO took a lenient approach to overdue employer obligation payments in the midst of COVID-19, it’s important to us that businesses, and in particular company directors, are prepared for..

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 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..

On 1 July 2021, the Super Guarantee Rate will increase from 9.5% to 10%.  Make sure your Payroll and Accounting systems are updated to incorporate the increase to the Super rate.

A gentle reminder that the 2021 Fringe Benefits Tax (FBT) return is due for lodgment on 25 June 2021, if the return is lodged via PLS.

You might be able to claim a tax deduction for personal Superannuation Contributions that you made to your Super fund from your after tax income. 

There will be changes to Single Touch Payroll (STP) reporting for small employers with closely held payees and quarterly reporting for micro employers effective from 1 July 2021. This may affect how..

As a result of the Coronavirus (COVID-19) outbreak, many Australians have been thrust into working from home. Whilst the ATO has already responded by lifting the flat rate from 52 cents to 80 cents..

In this news brief, we wanted to devote more time and do a deep dive into the ATO Financial Relief measures and what each State Government is doing to support business during this difficult time with..

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..

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. 

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..