Blogs
Side Hustles Front of Mind with the ATO this Tax Season
Business Advisory
Details have recently been announced, that the Australian Taxation Office (ATO) is paying close attention to undeclared income from…
By Steve Payne
Updated Car Limits
Business Advisory
There are updated car threshold amounts from 1 July as follows; Income Tax The car limit for 2021-22 is $60,733 This means that the upper…
By Linda Bergesen
Support for business – refundable tax offset under the temporary loss carry back arrangement
Business Advisory
The economic impacts of COVID-19 and the implementation of the government’s tax relief measures, including the temporary full expensing…
By Caitlin Fruk
Annual reporting for Queensland Building & Construction Commission (QBCC) licensees
Business Advisory
Contractor-grade licencee under the QBCC Act must provide financial information to QBCC ensuring the licensee meets the minimum financial…
By Jun Yang
2021 COVID-19 Business Support Grants for lockdown-impacted businesses in Queensland
Business Advisory
Your business or not-for-profit organisation may be eligible for a $5,000 grant if you're impacted by the Queensland lockdowns that…
By Jarrad Young
Changes to STP reporting from 1 July
Taxation and Compliance
Most employers should now be reporting through Single Touch Payroll (STP) each pay day, unless they only have closely held payees or are…
By Kamil Qureshi
Lifestyle Asset Purchases - Is the ATO watching you?
Taxation and Compliance
Lifestyle assets data matching program launched The Australian Taxation Office (ATO) has published a notice in the Commonwealth Gazette on…
By Steve Payne
Is your SMSF ready for the End of the Financial Year (EOFY)?
Self Managed Super Funds
With the end of the financial year fast approaching, now is the perfect time to make some final checks and ensure everything is in order for…
By Elsa Howarth
Tax planning considerations are as important as ever
Taxation and Compliance
With the end of the 2021 financial year drawing closer tax planning considerations are as important as ever. The government have introduced…
By Caitlin Fruk
Jobmaker Hiring Credit
Business Advisory
The Job maker hiring credit is an incentive for employers to employ young job seekers aged between 16-35 years. It is available to the…
By Zeel Tanawala
GST on imported services and digital products
Taxation and Compliance
Australian goods and services tax (GST) applies to sales of imported services and digital products to Australian consumers. Organisations…
By Cheryl Hindshaw
Post JobKeeper Stimulus package
Business Advisory
There are a couple of measures announced during the week by the Morrison government as post JobKeeper stimulus package worth $1.2 billion…
By Jun Yang