It’s now clear that the ATO are taking deductions more seriously than ever. To stamp out false deduction claims the government have dedicated over $130m of additional resources to help…
Read MoreHave you run a small business that has ceased or paused operations? Or perhaps you’ve been hired as an ABN contractor? The ATO is cleaning up the Australian Business Register…
Read MoreHave you ever considered joining a site like Airtasker to make some extra cash? If so, you’ll need to keep the ATO happy. Here, we explain the tax issues that…
Read MoreSingle Touch Payroll (STP) is a new regulation that changes when and how small businesses report payroll activity to the Australian Tax Office (ATO). So, what is Single Touch Payroll, and…
Read MoreMany homeowners are not aware that the “main residence” rules exempting the family home from capital gains tax (CGT) are in fact quite complex and contain many traps. It pays…
Read MoreMillions of Australians are now using the “sharing" economy to earn some extra money on the side. Thanks to smartphones and user-friendly app technology, people young and old are using…
Read MoreThe government’s latest initiatives targeting non-compliance with superannuation guarantee obligations give businesses plenty to think about. With Single Touch Payroll on the way for small businesses and a proposed 12-month…
Read MoreDID YOU KNOW FROM 1 JULY 2018, GST WILL APPLY TO SALES OF ALL GOODS TO AUSTRALIA? The previous $1,000 low-value threshold will no longer apply and those businesses that…
Read MoreCombating the black economy has been a key priority of the government in recent years. To reduce business activity that takes place “under the radar” of the tax system, new…
Read MoreOver the past year we’ve seen a number of tax incentives on offer for small business, including a reduction in the company tax rate, an increase in the instant asset…
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