NEWS

26 February, 2021

STP Changes Coming For Small Employers

While most businesses are already familiar with the Single Touch Payroll (STP) regime, small employers (19 or fewer employees) with closely held payees were exempt from reporting payroll information of […]
24 February, 2021

How To Make The Most Of Your Salary

With real wages not tipped to grow for a while, there is still a way that you can make the most of your money by salary packaging or through salary […]
22 February, 2021

ATO Data-Matching: JobMaker And Access To Super

The data-matching programs just keep coming from the ATO this year, this time it will be focusing on data pertaining to the temporary early access to super due to COVID-19 […]
17 February, 2021

Pension Transfer Cap To Increase

From 1 July 2021, the general pension transfer balance cap will increase from $1.6m to $1.7m due to indexation. If you’re thinking of retiring and have a large amount in […]
10 February, 2021

Tax Implications Of Having More Than One Job

With insecure, contract and casual work becoming increasing common particularly in the current COVID-19 affected economy. It is no surprise that many young and not so young Australians may have […]
8 February, 2021

SAR Lodgment Due Soon

With the end of February fast approaching, trustees of some Self-Managed Superannuation Funds (SMSFs) will have less than one month to lodge their SMSF annual return (SAR). This year, the […]
4 February, 2021

Beware Of ATO Data-Matching: Motor Vehicles

While the motor vehicle registries data-matching program has been running for around 16 years in various iterations, particular care should be taken for the current motor registries program as many […]
1 February, 2021

JobMaker Hiring Credit: Is It Right For Your Business?

With the other government COVID-19 economic supports such as the JobKeeper and JobSeeker winding down in the next few months, businesses that are seeking to employ additional workers but need […]
28 January, 2021

ATO Warning: Watch Out For Tax Avoidance Schemes

Tax planning or tax avoidance? Do you know the difference? While tax planning is a legitimate and legal way to arrange your financial affairs to keep your tax to a […]
22 January, 2021

Small Businesses: Don’t Forget Your FBT Concessions

During these challenging economic times, many small businesses are still in the recovery phase where every dollar counts, the last thing these businesses need is to be paying more tax […]