New Accountant/Tax Agent nomination process
This is a new ATO requirement to help ensure that only your ‘authorised’ Tax Agent, BAS Agent or Payroll Service Provider can access your ATO accounts and act on your behalf….
Make sure your ducks are in a row
Estate planning is one of the most important parts of ensuring your family will be looked after once you are no longer around. Estate planning can be as simple as….
Directors! Are you meeting your super obligations?
As a director, you are legally responsible for ensuring your company meets its superannuation guarantee obligations. Lodging Super Guarantee Charge statements with the ATO….
Think the RBA will lift rates on Melbourne Cup day? What are the odds of that?
Higher than expected inflation data for the September Quarter, released last week, has market analysts predicting the Reserve Bank of Australia will hike interest rates when it next meets….
Is It Food And Drinks Or Entertainment?
Are you claiming legitimate deductible food and drink expenses or are you providing non-deductible entertainment? Unsure? Read on…
Changes to simplify your tax residency
For those of you who move between Australia and other countries around the world, the question of tax residency can be a nightmare. It’s anything but simple.
GST on Imports
When importing goods to Australia, you will generally be subject to several taxes and duties, including Goods and Services Tax (GST)….
What is PAYG Witholding?
When you pay your employees, you must withhold a certain amount of tax from their pay and pay this to the ATO.This is called….
How implementing cyber security measures can help your business
As small businesses increasingly rely on the internet to do business, it is crucial to ensure you have effective cyber security measures in place….
Working From Home Deductions 2023
The Australian Taxation Office (ATO) has refreshed the way that taxpayers claim deductions for costs incurred when working from home. The changes better reflect….