Mar 31, 2023 | 2023, Taxation
KEY TAX DATES – APRIL/MAY 2023 It’s the end of March today! As we enter Q4, we have only 3 months to finalise tax planning for this year. Despite the need for tax planning, April and May are also critical months to ensure all your tax lodgments are complete to...
Mar 15, 2023 | Taxation, Trust Accounts
With the ATO’s new directives on the taxation of trust distributions, it’s essential to review arrangements. Book a planning session to ensure you’ve got the best beneficiary arrangements. What is a Family Trust? A family trust is a legal arrangement in...
Mar 1, 2023 | 2023, Small Business, Taxation, Working From Home
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to...
Oct 28, 2022 | 2023, Federal Budget, Self Managed Super Funds, Superannuation, Taxation
Taxation Measures The Budget does not contain major tax changes. It does seek to begin some “Budget repair work” via tax integrity measures particularly in international tax matters and in relation to debt funding by foreign controlled entities....
Sep 23, 2022 | Uncategorized
Are you across the recent payroll and employment law updates? We can help check your payroll setup, award provisions, employee agreements, and payroll costing. We can also assess if your software is ready for ATO STP Phase 2 reporting. Minimum Wage Increased on 1 July...
