Work Related Expenses - What to claim and what records you need
Friday July 08 2022
Work Related Expenses – What is under fire for 2022. Every year the ATO identifies priority areas for their attention in the upcoming lodgements. This year (2022) with the end of the COVID...
SMSF 2022 Year End Considerations
Wednesday June 08 2022
Superannuation & SMSF Year End Action Considerations As the 2022 Financial Year comes to a close SMSF Trustees should start planning for year end to ensure their administration and audit...
Federal Budget 2022 - What it means for us ordinary peope!
Wednesday March 30 2022
Implications for Individuals, Families and Retirees The Low and Middle Income Tax Offset has been increased by $420 per person to a maximum of $1,500 per person. This offset will apply to...
Electronic Signing is here to stay
Monday December 13 2021
During the COVID Lockdowns temporary electronic signing regulations were introduced and after several extensions were due to lapse on 31 March 2022. The pandemic has changed the way we do things and...
Strong Identity Strength released for MyGovID
Monday October 25 2021
The MyGovID App has recently been updated to provide the option for individuals to set up a 'Strong' identity strength that includes face verification. Setting up a strong identity strength will...
Changes to the way the Australian Tax Office Communicates
Friday September 17 2021
Checking the progress of your return and instalments. Over the last 12 months the ATO has been changing the way they communicate with both taxpayers and tax agents. Their focus has shifted so th...
Now 30 June has passed what does your business need to do next...
Friday July 02 2021
Now June 30 has passed, there are administrative matters that require your prompt attention. Year End Payroll Procedures Employers not yet enrolled with Single Touch Payroll will need to prepare PAYG...
Australian Federal Budget 2021 - Implications for Individuals
Thursday May 13 2021
The 2021 Australian Federal Budget included some measures which will assist individual taxpayers. The Budget is focused on continuing Economic recovery once again and some measures have been extended...
Australian Federal Budget 2021 - Business Implications
Thursday May 13 2021
The Treasurer presented the Australian Federal Budget for 2021 and as anticipated there are a number of announcements of particular interest for business owners. 1. Outright Deduction of Capital...
Its time to make the December 2020 Super Contribution - Don't risk being late
Friday January 15 2021
Your quarterly superannuation guarantee (SG) contribution lodgement and payment is due this month. Remember the payment must be made in time to reach your employees superannuation fund by the 28...