Digital record-keeping
20 January 2021 No Comments
Businesses should aim to move towards digitising their tax, super and employee-related documents as per recommendation by the ATO. Digital record-keeping has many advantages and
Category: Tax
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3 business service components your company strategy needs
5 January 2021 No Comments
At the end of the day, it is every company’s goal to find success in some capacity. Often that achievement is multi-pronged; businesses want both
Claiming interest expenses for rental properties
16 December 2020 No Comments
Interest is a common deduction claimed by taxpayers. Generally, interest is seen as being inherently deductible where it is incurred in gaining or producing assessable
NSW Budget 2020
18 November 2020 No Comments
The NSW budget was handed down 17 November 2020 with a few key points to note: Payroll tax The payroll tax rate will be reduced
New data matching programs for the ATO
21 October 2020 No Comments
Over the first quarter of this financial year, the government has initiated two new data-matching programs, using data that the ATO holds. Data matching involves bringing
Varying PAYG instalments because of COVID-19
20 July 2020 No Comments
PAYG instalments is a system that helps you manage your expected tax liability on income from your business or investments for the current income year
Tax return tips
8 July 2020 No Comments
Despite the current COVID-19 world in which we live, the procedures for completing and lodging tax returns remains pretty much the same. So, before we
Expatriates: Part-year resident or non-resident for tax purposes?
29 June 2020 No Comments
So what happens from a tax point of view when a person leaves Australia part-way through the income year? How is the income they derived
COVID-19 and residential rental property claims
17 June 2020 No Comments
Many residential rental property owners have had their rental income affected by COVID-19. As a result of this income year not being business as usual, the ATO
Last-minute EOFY tax planning tactics
11 June 2020 No Comments
This financial year is almost over, but there are still effective strategies you may be able to employ to make sure you pay the right