2021-09-30T16:40:12+10:001st October 2021|Accounting, News, Taxation|
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed.
The ATO has stated that it is looking very closely
2021-09-30T16:39:53+10:001st October 2021|Accounting, News, Taxation|
Running a business can be an isolating experience. And, with COVID-19 lockdowns and disruptions to trade, the pressure can be intense.
NewAccess for Small Business Owners is a free and confidential mental health program developed by Beyond Blue to give small business owners the support they need. Whether you’re just feeling stressed, or
2021-09-30T16:39:35+10:001st October 2021|Accounting, News, Taxation|
In an attempt to reign in undeclared income, proposed new laws will require platform providers in the sharing economy to report all transactions through their platforms.
Traditional employment models have shifted in favour of more flexible options including contracting, self-employment and use of labour hire. Consumers are increasingly paying to ‘use’ rather than
2021-08-04T10:55:30+10:004th August 2021|Accounting, Advisory, News|
Is your business operating in an industry potentially subject to the Taxable Payments Annual Reporting (TPAR) regime?
We have developed a checklist to identify whether you are required to report your TPAR as well as a guide on how to prepare and lodge the report.
You can access the guide here.
If you find you are required
2021-07-09T19:14:46+10:0030th June 2021|Accounting, News, Superannuation, Taxation|
We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members). We’ve set out some of the common questions
2021-10-28T10:25:28+10:0030th June 2021|Accounting, News, Taxation|
Updated 28/10/2021
From 1 November 2021, directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers.
As director, you must apply for your director ID yourself as you will need to verify your
2021-07-09T18:56:34+10:0030th June 2021|Accounting, News, Superannuation, Taxation|
With the 2021 financial year coming to a close we’ve summarised the key 1 July 2021 changes and their implications for the next financial year.
Super guarantee rate increase to 10%
On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise
2021-06-23T17:23:44+10:0023rd June 2021|Accounting, Superannuation, Taxation|
Are you ready for the end of the financial year?
With only a few days left in the 2021 financial year, we have one last tax strategy to share with you.
In this episode, Ryan Sheppard discusses superannuation deductions.
What are superannuation deductions?
Watch episode 6 now and find out!
2021-06-21T17:01:38+10:0021st June 2021|Accounting, Advisory, News, Taxation|
Are you ready for the end of the financial year?
The 2021 end financial year is just around the corner, have you contact us yet to see how we can help you?
In this episode, Ryan Sheppard discusses closing your books in relation to end of year prepayments.
So, what are prepayments?
Watch episode 5 now
2021-06-13T15:48:32+10:0013th June 2021|Accounting, Advisory, Cloud Accounting, Taxation|
Are you ready for the end of the financial year?
Making sure your books are in order is a crucial part of the EOFY process.
In this episode, Ryan Sheppard discusses closing your books in relation to end of year accruals.
So, how could this save you tax?
Watch episode 3 now and find out!
