After qualifying and then completing a period of Fellowships, Sanjay decided to set up his own practice in 2014 to establish a positive […]
1.1 Changes to personal income tax rates
The Government has announced that it will bring forward changes to the personal income tax rates that were due to apply from 1 July 2022, so that these changes now apply from 1 July 2020 (i.e., from […]
Going online is a great opportunity for small businesses. It can help expand your offering and grow your customer base (including international reach). However, setting […]
business providing building and construction services cleaning services for contractor payments from 1 July 2018 (first report due by 28 August 2019) courier services for contractor payments from 1 July 2018 (first report due by 28 August 2019) […]
Business tax changes for a new financial year
From 1 July 2019, if taxpayers don’t meet their PAYG withholding and reporting obligations to the ATO, they will not be able to claim a tax deduction for payments:
of salary, wages, commissions, bonuses or allowances to […]
6 Final reminders of how to reduce tax for 2020
As a business owner, there are many obligations that you need to consider and action just before and after 30 June.
Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. […]
Lodgement due date for all tax returns denied
However the ATO Deputy Commissioner replied: “We recognise and appreciate your efforts to help your clients meet their […]
Asset investment write-off extension gives farmers and suppliers options
The instant investment depreciation write-off was initially announced in […]
COVID-19 employment benefits
Some queries have related to fringe benefits tax (FBT) and the supply of items from an employer to staff to […]
Reduce your tax
“In the business world, the rear view mirror is always clearer than the windshield” – Warren Buffett
It’s the […]