Practice News
Claiming Work-Related Expenses
The ATO have introduced a new schedule for personal income tax returns for the 2019 income year. This new schedule is in response to the …
Your Knowledge Update -September 2019
Inside this month’s Your Knowledge Update, the ATO is clamping down on undisclosed foreign income, what rental property expenses you can and can’t claim and …
Low Income Tax Offset (LITO) And Low and Middle Income Tax Offset (LMITO)
From the financial year 2019 through to 2022, there are two tax offsets with similar sounding names that taxpayers may be able to qualify for …
Single Touch Payroll – What Start Date Applies To Your Business?
Unless a deferral was in place, the requirement for employers with 20 or more employees to report through Single Touch Payroll (STP) began on the …
Your Knowledge Update -August 2019
Inside this month’s Your Knowledge Update, confusion over the personal income tax changes and what you are really entitled to, why the Government does not …
CGT Exemptions, using the 6 year absence rule
Treating a property as a principal place of residence (PPOR) is one of the more common Capital Gains Tax exemptions available. As we know, in …
Social Media – Boom or Bust
We see the growth in social media use every day and it is hard to escape the encroachment into our personal lives. Whether you are …
Your Knowledge Update – July 2019
Inside this month’s Your Knowledge Update, we discuss the confusion over superannuation and insurance, who is exempt from single touch payroll and what are the …
Your Knowledge Update – June 2019
Inside this month’s Your Knowledge Update, we look at the key areas the ATO will be scrutinizing in your tax returns and the geographical areas …
Your Knowledge Update – May 2019
Inside this month’s Your Knowledge Update, we explore what a change in Government might mean and the outcome of of the Budget announcements. Download this …
Your Knowledge Update – March 2019
Inside this month’s Your Knowledge Update, a reminder that Single Touch payroll will be extended to all employers from 1st July 2019, a look at …
Your Knowledge Update – February 2019
Inside this month’s Your Knowledge Update, we explore the importance of estate planning, the problem with foreign income tax offsets and warn that human error …
The Importance of keeping up to date Share records
The ATO has announced that it will be extending its data matching program to include information relating to share sales. ASIC will now be providing …
Your Knowledge Update – December 2018
Inside this month’s Your Knowledge Update, how to classify workers in the sharing economy, the new legislation that denies a tax deduction if you don’t …
Your Knowledge Update – November 2018
Inside this month’s Your Knowledge Update, the accelerated tax rate reduction for small business, the new rules for gift cards and travelling to and from …
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 …
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, …
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 …
