May 24, 2021 | Employers, Taxation
Need a new van to deliver more orders? New machinery to ramp up production? Purchase the tools for the new apprentice? Or maybe new computers to keep up with technology? As we approach the end of financial year, there is still time to benefit from the Australian...
Feb 19, 2021 | Cryptocurrency, Taxation
TSP offer some considerations and tax implications. Cryptocurrency in the form of BitCoin began circulation approximately 10 years ago. Since then thousands of currencies have hit the market, including “blockchain” technology, the infrastructure driving the...
Nov 6, 2020 | Federal Budget 20/21, Taxation
One of the new measures announced in the 2020-21 Federal Budget allows corporate tax entities to carry-back tax losses from certain years and offset them against tax paid on profits. But there are some limitations that businesses and their tax advisers need to be...
Oct 7, 2020 | Taxation, Employers, Federal Budget 20/21
The 2020/21 Federal Budget was delivered on Tuesday 6th October by the Federal Treasurer, the Hon. Josh Frydenberg MP. There will be many questions over the coming days, however TSP Accountants have summarised some of key points in this article. If you feel you are...
Mar 17, 2020 | Taxation, Superannuation
As the Coronavirus situation continues to evolve, we have no doubt that it is going to have significant and long lasting impacts on your business. Social distancing and self-imposed isolation will mean that your clients and customers will be reluctant to venture out...