The new Lifetime Director IDs
Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number
Are your contractors really employees?
Landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and
6 member SMSFs – The issues and opportunities
From 1 July 2021, the maximum number of members a Self Managed Super Fund can have increased from four to six. Why would
Do you plan to hire new employees?
The 1 November superannuation rule changes could affect your business. When your business hires a new employee, the Choice of Fund form is
Could your potential insurance payout be taxed?
Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up
What are the tax implications of investing in blockchain and NFTs?
In early November, the Commonwealth Bank announced that it is now Australia’s first bank to offer customers the ability to buy, sell and
The perils of browsing Facebook – work from home expenses under scrutiny
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might
Mental health support for business owners
Running a business can be an isolating experience. And, with COVID-19 lockdowns and disruptions to trade, the pressure can be intense. NewAccess for
New laws will target ride sharing and accommodation platforms
In an attempt to reign in undeclared income, proposed new laws will require platform providers in the sharing economy to report all transactions
Is your business operating in an industry potentially subject to the TPAR regime?
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
Your SMSF: when expenses and investments are not at arm’s-length
We often get questions from clients about what they can and cannot do in their SMSF. Often the questions
What are Lifetime Directors IDs and do you need one?
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,