2019 Australian Federal Budget
Treasurer Josh Frydenberg has handed down the 2019-20 Federal Budget. A stronger economy and secure future were his promise, as he announced a $7.1 billion surplus, tax cuts and extra funding for infrastructure and services to regional Australia. Read our summary of the 2019/20 Budget.
Tax Update – March 2019
This month’s tax update looks at the extension of Single Touch Payroll to all Australian businesses, and the legislation in limbo as we near the Australian federal budget and election.
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.
Greenwich Wealth Investment Update – March 2019
This month’s investment update from Greenwich Wealth takes a deeper look into the Australian economy, as markets continue to rebound despite economies showing more signs of weakness.
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.