News

Category: ATO matters

SELF-EDUCATION EXPENSES
Self-education expenses Self-education is one way of ensuring you keep up to date with developments...
TAXPAYERS OBLIGATIONS AND RIGHTS
The saying goes that there is nothing as certain as death and taxes, but that...
GOODS AND SERVICES TAX (GST) MARGIN SCHEME
If you sell property as part of your business, you may be eligible to use...
IS THERE A CASE FOR INCREASING THE GST?
Nobody likes a tax increase. Just the mention of a tax increase is likely to...
HOW WILL YOUR HECS-HELP LOAN AFFECT YOUR TAX RETURN?
Have you studied at university and applied for a HECS-HELP loan to help pay for...
WHAT ARE EMPLOYER OBLIGATIONS TO EMPLOYEES OR CONTRACTORS?
WHAT ARE EMPLOYER OBLIGATIONS TO EMPLOYEES OR CONTRACTORS? Often we see employers who don’t issue...
ARE YOU AN AUSTRALIAN RESIDENT ?
Australian Resident After spending several weeks of hard work and endless phone calls, getting a...
NO MORE ZONE TAX OFFSET FOR FIFO WORKERS
The 2015 financial year will be the last year in which “Fly-In-Fly-Out” or “Drive-In-Drive-Out” employees...
THE $20,000 INSTANT ASSET WRITE OFF – SHOULD IT BE AN OPTION FOR YOUR BUSINESS?
THE $20,000 INSTANT ASSET WRITE OFF This shouldn’t be news to any Small Business owners,...
UBER – THE APP AND GST IMPLICATIONS
The world has changed so dramatically in the last 20 years that at times it...
HOW DO YOU SPOT A SCAM EMAIL?
HOW DO YOU SPOT A SCAM EMAIL? The number of scam emails, especially those purporting...
TAXABLE PAYMENTS REPORTING IN THE BUILDING AND CONSTRUCTION INDUSTRY
Taxable payments reporting in the construction and building industry –  Businesses in the building and...

Latest News

No silver bullet: Plumbing Bros founder discusses expansion
Plumbing Bros Director and CEO James Riddle is no stranger to adversity in business. Despite numerous...
Controversial super tax remains in limbo
The Treasury Laws Amendment Bill 2023, containing the controversial Division 296 tax on superannuation balances...
Key Dates – March 2025
21 March : Lodgement and payment of February 2025 monthly business activity statement. 31...
Buying a business: Seven best practices
Buying a business is great option for entrepreneurs looking to break into the market, and...
2024 -25 Fringe Benefits Tax Year: Preparing for the 21 May Deadline
March 31 marks the end of the 2024-25 Fringe Benefits Tax (FBT) year, meaning that...
Increased Cost of Tax Debt: ATO Crackdown Continues
From July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will...
SMSF Investment rules and options: A Comprehensive Guide
A self-managed super fund (SMSF) is a popular method of superannuation management that allows for...
Choosing the Best Client Accounting Software for Your Business
Good client accounting software is essential for business growth and improvement. The right software will...
Key Dates: February 2025
Here a few important dates to pencil into your February calendar. February 21: Lodgement...
15% Withholding on Property Sales: New Tax Rule for Australian Sellers in 2025
As of January 1, 2025, all Australian residents for tax purposes must provide a clearance...