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

Understanding business structures: tax, liability and asset protection
Your chosen business structure has massive implications for your tax liability, asset protection and cost....
New GST reporting rules for small businesses
The Australian Taxation Office (ATO) recently announced that over 3,500 small businesses will be moved...
Optima Partners to host 4th annual Perth Car Club meet
Optima Partners is proud to host Perth Car Club’s fourth annual anniversary meet-up at our...
Key Dates: April 2025
21 April: Lodgement and payment of March 2025 monthly business activity statement 21 April:...
Selling your business: Best practices
Selling your business is a major decision and a milestone in your career. Whether you’re...
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...