KNOWLEDGE HUB
KNOWLEDGE HUB
Take some time to read some of our blog posts
FBT, The Holiday Season & Your Employees
A work Christmas/end-of-year party may be a method employed by many businesses to demonstrate their gratitude towards staff, but the expense can be a deciding factor.
The Proposed Electric Vehicle FBT Exemption On Everyone’s Minds
You may have heard a lot of buzz in the news regarding electric cars. There have been numerous tax questions regarding the purchase of electric vehicles, which the government has discussed since their election in May...
Trust Tax Returns - How To Make Sure You Get Them Right
The ATO keeps a close eye on non-compliance when it comes to trusts. If you want to be certain that you are doing the right thing as a holder of a trust, a trustee or a beneficiary when it comes to tax, it’s important to speak with a professional tax expert, like us.
9 Key Income Tax Items To Discuss With Your Accountant Before Lodging
To ensure that your return is correct, here are our top nine key items.
Your Work-Related Tax Deduction Checklist For This Year’s Tax Return Made Easy
Whatever your tax situation, we’re equipped and ready to help you navigate the tricks and traps of income tax returns.
Passing The Business To Family? Here Are Three Things You Probably Hadn’t Considered
If you intend to pass your business down the family tree there are a number of taxation, financial and managerial considerations that need to be taken into account for a successful succession…
Director Identification Number Compliance Reminder For Businesses
Make sure you get your director ID sorted as soon as possible and ensure your company remains compliant with ASIC…
Inflation, Your Business And How To Deal With The Upcoming Pressure
With interest rates forecast to increase exponentially over the next year, here are some methods you can employ to address the risk inflation may pose to you.
Cash In Hand Compliance Concerns For Businesses & Individuals Alike
If your business earns a part of its income in cold, hard cash, be prepared to have the ATO’s eyes on you this tax time…
COVID Deductions Rely On Work-Related Purposes (So Here’s What You Might Be Able To Claim)
Choosing the wrong method means you could cheat yourself out of big dollars on your tax return….
ATO Warns Against GST Fraud Attempts
The ATO possess the data matching ability to detect patterns and stop fraud. If something seems too good to be true, seek independent advice from an adviser…
Super Guarantee Change - Deadlines, Payments & Everything Your Business Needs To Know Before The EOFY
A failure to pay super on time will mean that you are no longer able to receive a tax deduction for the payment for that financial year…
A Business Plan Requires Structure - Here Are 5 Things You Should Be Including In Yours
When you are first setting up a business, understanding exactly what you are setting out to achieve can be a daunting task. But a business plan takes some of that stress away…
SME Recovery Loan Scheme Rules Amended To Cope With Impact
Are you an SME who has been impacted economically by COVID-19, and who could use financial assistance to get back on their feet? The SME Recovery Loan Scheme has been extended to 30 June 2022 …
How Do You Make Sure Your Super Goes To The Right Person When You Die?
What happens to your super when you die? It might not be a question that has cropped up in many people’s minds, but it is something that you should be concerned about…
Common GST Mistakes That You Might Be Making In Your IAS
Many small business owners continue to make errors when claiming GST credits in their GST returns …
Maximising Your Super Should Be Done 10 Years Before Retirement For Best Results
As the means of funding your downtime after retiring, you want to make sure your superannuation is equipped to handle it…
End Of FBT Year Is Approaching - Do You Know What Benefits You’re Giving Your Employees?
Knowing what is and what isn’t deemed as a fringe benefit will assist you in working out what you might provide to your employees as a benefit
Business Activity Statements - How To Take The Sting Out Of The Quarterly Payment
Been hearing a lot about business activity statements, and feeling more than a little pressure? Kicking off the new year for your business shouldn’t be shrouded in the darkness that can be a looming BAS. But how can you be certain that your business is prepared?
Rent Concessions, Property & Commercial Enterprises - What Do You Need To Know Tax-Wise?
Over the last 12 months, there have been many notable schemes promoted by state and federal governments to assist businesses and individuals with much-needed tax relief..
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