As we approach the end of the financial year, there are some action items business owners can take to minimise tax and get the best outcome. Here are some tax planning options to consider: Tax deductions for superannuation contributions will only be available in the 2019 tax year if the contribution is received by the superannuation fund by 30 June 2019. So, it is important to pay the June liability before 30th…
An emotive topic, aged care is something that most of us will need to consider in our lifetime. As our parents and grandparents reach an age where living without care becomes difficult, it can bring up a range of questions and challenges to consider.
Immediate Write Off of Assets Purchased announced in the 2019 Federal Budget has been passed by both houses of Parliament in record time.
The Federal Budget was handed down last night, which included a number of tax related measures. Read more and find out what you need to know.
As an employer, it’s important to meet your super obligations to ensure you are not faced with severe penalties.
What is Single Touch Payroll? Single Touch Payroll is a compulsory reporting change for employers. Single Touch Payroll will be expanded to include employers with 19 or less employees from 1 July 2019. (Compulsory reporting for employers with 20 or more employees across all grouped companies, came into force 1 July, 2018.) You will need to report to the Australian Taxation Office (ATO) payments such as salaries and wages, pay as you go (PAYG) withholding…
Recently the government introduced measures regarding withholding tax that has the potential to affect any business. The new legislation denies a tax deduction to the payer where they have a withholding obligation that has not been met. Commonly this will affect salaries, wages, commissions, bonuses or allowances to an employee, directors fees and payments for a supply of services.
Recent warnings from the Australian Taxation Office (ATO) and Australian Securities & Investments Commission (ASIC) has highlighted the number of fraudulent and unsolicited emails, SMS and phone calls.
Scammers, pretending to be from these organisations have been contacting people asking them to pay outstanding debt and fees and to disclose personal information.
The 2018 Ladies Charity Luncheon was a sell out!
Aerial Skier, Jacqui Cooper presented a funny, down-to-earth and inspiring presentation. One remarkable lady!
Comprehensive Credit Reporting is a change to credit reporting by banks in Australia. In line with other financial service providers, and a number of banks have elected to participate immediately. Under the new comprehensive credit reporting system, your credit reports will show more information about your credit behaviour for home loans, credit cards and personal lending applications.
