Practice News

Accounting

Your Knowledge Update – October 2018

Inside this month’s Your Knowledge Update, the ATO’s home office expense crackdown – what you can and can’t claim.  Plus, what does the US/China trade …

Read More →
Accounting

Your Knowledge Update – September 2018

Inside this month’s Your Knowledge Update, the online rental blitz with 190,000 taxpayers ‘examined’ by the ATO, the new company tax and franking rates explained, …

Read More →
Accounting

Trading Names & Business Names

Do you have a trading name? Have you registered your trading name with the ASIC? Starting November 2018, all trading names will be removed from the …

Read More →
Accounting

Topping up your Super by “Downsizing” your Family Home

Topping up your Super by “Downsizing” your Family Home From the 1st of July this year, it is possible for retirees to make an additional …

Read More →
Accounting

Your Knowledge Update – August 2018

In this month’s Your Knowledge Update we pose the question of whether Australians are really willing to pay more to support our farmers and if you are holding …

Read More →
Accounting

Superannuation Contributions for 2018/2019

Superannuation Contributions for 2018/2019 The contributions that a member can make into a superannuation fund will depend on whether those contributions are classified as “concessional” …

Read More →
Accounting

Main Residence Exemption – Foreign Residents

Main Residence Exemption – Foreign Residents Proposed reforms by the Australian Government are set to remove the CGT Main Residence Exemption for non-residents.  The new …

Read More →
Accounting

How does the ATO use it’s data-matching system?

How does the ATO use it’s data-matching system? The ATO uses its data matching services to ensure individuals and businesses are correctly reporting all of …

Read More →
Accounting

Your Knowledge Update – July 2018

In this month’s Your Knowledge Update we review when you can take your super, new minimum pay rates and the $10k limit on cash payments to …

Read More →
Accounting

Your Knowledge Update – June 2018

In this month’s Your Knowledge Update we look at how the super guarantee amnesty for employers will work, outline changes coming your way from 1st July …

Read More →
Accounting

Holiday Rental Property Deductions

Holiday Rental Property Deductions Holiday rental properties have again been mentioned in the press from the Australian Taxation Office that they will be the subject …

Read More →
Accounting

Your Knowledge Update – May 2018

In this month’s Your Knowledge Update we look at what the ATO’s statistics reveal about Australians and review proposed CGT legislation that has potentially serious tax implications for expats …

Read More →
Accounting

Superannuation Transfer Balance Cap

Operations of Transfer Balance Cap From 1 July 2017, the amount of super balance you can transfer from your accumulation account into retirement phase is …

Read More →
Accounting

Your Knowledge Update – April 2018

In this month’s Your Knowledge Update we look at what you should know in relation to Single Touch Payroll, if you should use the new …

Read More →
Accounting

New Reporting Obligations for SMSF

New Reporting Obligations for SMSF Self Managed Super Funds (SMSF) have new obligations to report certain events that affect their Transfer Balance Cap by lodging …

Read More →
Accounting

Building for sale – but we’re not moving!

A lot of our clients may be driving past or visiting us soon and noticed a big board out the front of the building.  We …

Read More →
Accounting

Single Touch Payroll

Single Touch Payroll Starting from 1st July 2018, Single Touch Payroll (STP) will be mandatory for businesses that have 20 or more employees on 1st …

Read More →
Accounting

Your Knowledge Update – March 2018

In this month’s Your Knowledge Update we highlight the key FBT areas that the ATO will be focusing on, discuss the  possible changes to GST on …

Read More →