Eight end of year tax tips for Australian small businesses
The end of financial year can be a busy and stressful time for small businesses. Here are our top tips for Australian small businesses to ensure a stress-free EOFY and healthy start to the new financial year.
What does a Coalition Government mean for you?
Following the Coalition’s election win, here are the key policies and issues which will impact businesses, individual taxpayers, retirees, and SMSFs.
GST on digital products
Purchasing digital products such as movies, music, podcasts, e-books and more, is something that we all now do regularly. It’s important to consider that these purchases will potentially be subject to GST.
The Importance of Estate Planning
Estate planning seeks to not only distribute the assets of your estate but do so in a way that protects the estate, addresses issues within the estate, and fulfils your wishes. Contact us today to start your estate planning.
ATO’s target areas for employer FBT non-compliance
The Fringe Benefits Tax (FBT) year has ended with some hot issues targeted by the ATO. In this year’s updated ATO ‘hit list’, “What attracts our attention”, there are six items that specifically relate to FBT.
Common Fringe Benefits Tax issues for Australian businesses
The Fringe benefits tax (FBT) year ends on 31st March. Here a few issues which employers often ask us about.
Single Touch Payroll now a requirement for all Australian businesses
All Australian businesses are now required to report payroll information to the ATO via Single Touch Payroll as of the 1 July 2019. Learn more about STP and what it means for your business.
Application deadline for the Australian R&D Tax Incentive
The registration deadline for the R&D Tax Incentive in Australia is approaching. This program provides a tax offset for some of a company’s cost of doing eligible r&d activities by reducing a company’s income tax liability. Don’t miss out.