Single 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…
Read MoreThe sharing economy has become a big disrupter in the Australian market. It seems like everyone is getting in on the action of making a little extra money on the…
Read MoreAs a way to combat the rise in black economy, the government is planning to extend the Taxable Payments Reporting System (TPRS) to entities that provide road freight, IT, security,…
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