Jul 30, 2021 | COVID-19, Employers, Taxation
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your employer, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. If you are claiming your...
May 17, 2021 | Self Managed Super Funds, Superannuation
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...
May 12, 2021 | Federal Budget 2021
On Tuesday 11th May 2021 the Federal Government announced its annual Budget for 2021/22. Bothindividuals and businesses will be affected by the changes announced. In this article TSP have summarised the key points affecting both Individuals, Businesses and...
Apr 20, 2021 | Government Rebates
The NSW Government’s small business fees and charges rebate aims to assist small business recover from the impacts of COVID-19 and encourages growth by reducing the cost of running a business. If you are an eligible sole trader, small business or not-for-profit...
Apr 1, 2021 | Trust Accounts
Under the Legal Profession Uniform Law (NSW) and the Legal Profession Uniform General Rules 2015, law practices are required to have their trust accounts examined by an External Examiner each year. The external examination year for trust accounts...
