8:06 pm   |   Tax

Tax planning

Tax is money people and businesses pay to the Australian Government to provide services including: ■ health ■ education ■…

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7:54 pm   |   Business

Cash flow boost

The Government will provide up to $100,000 (tax free) to small and medium businesses and not-for-profits (including charities) that employ…

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8:12 pm   |   Business

Jobkeeper

JobKeeper wage subsidy payments start flowing to 4.7 million workers More than 728,000 businesses have signed up to the $130…

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5:10 pm   |   Tax

GST Withholding Measures New Law

Attention: From 1 July 2018, purchaser of new residential premises and new residential subdivisions will generally be required to withhold…

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5:10 pm   |   Tax

Single Touch Payroll (STP) Reporting Action Before 1st July 2018

What is Single Touch Payroll Reporting? In general, Singe Touch Payroll aligns employer reporting obligation to your payroll process. Employers…

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5:05 pm   |   Tax

2017 ATO New Analysis and New Tech

Now, today is 4th Sep and it is the fist Monday of Sep. We believe many taxpayers have lodged their…

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3:32 pm   |   Business

Increasing the Medicare Levy Low-Income Thresholds

On 9 May 2017, the Government announced that the Medicare levy low-income thresholds for singles, families, seniors and pensioners will…

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3:35 pm   |   Tax

‘Severe Penalties’ for Breach of New Property Tax Rule

The new withholding rule, effective from 1 July this year after being originally announced in 2013, was introduced to ensure…

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3:34 pm   |   SMSF

ATO Encourages Early Engagement

SMSF trustees can come forward to the ATO with unrectified contraventions via the voluntary disclosure service. This service is effectively…

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3:31 pm   |   Tax

Government Relents Further on Key Tax Measure

The government’s proposed $500,000 lifetime cap on non-concessional contributions was one of the federal budget’s more controversial proposals, prompting a…

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