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Understanding your investment options

Investing is full of jargon and technical terms that can make getting started or managing your investments seem intimidating. Learn more about the key terms involved.

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 Understanding your investment options

TPARs due 28 August – avoid these common errors

With the due date of 28 August approaching, it’s time to check whether you need to lodge a Taxable payments annual report (TPAR).

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TPARs due 28 August – avoid these common errors
( Posted in: Tax )

Some recent questions on Australian inflation

Australian inflation is very high. The Reserve Bank of Australia (RBA) has been focusing on reducing inflation through the main policy tool available in the central bank’s toolkit – interest rates.

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Some recent questions on Australian inflation

Does your company have an overdue debt?

Letters are being sent by the ATO to directors of companies with overdue debts, cautioning that non-payment or lack of communication may lead to a director penalty notice (DPN) being issued.

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( Posted in: Tax )

$20k Small Business Energy Incentive

In a pre-Budget announcement, the Government has committed to a Small Business Energy Incentive Scheme that offers a bonus tax deduction of up to $20,000.

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 $20k Small Business Energy Incentive
( Posted in: Tax )

What You Need to Know About the Latest RBA Cash Rate Rise

The RBA is back with a cash rate rise of 25 basis points, taking the current rate to 3.85%. Strong jobs and inflation data means there is more work to be done to control price rises, further rate increases haven’t been ruled out.

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What You Need to Know About the Latest RBA Cash Rate Rise
( Posted in: Lending & Finance )

ATO PAYGW prefill is coming to activity statements

Employers report their pay as you go (PAYG) withholding information to the ATO each time they pay their employees using Single Touch Payroll (STP).

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ATO PAYGW prefill is coming to activity statements
( Posted in: Tax )

The low down on depreciation

If you have business assets which are expected to decline in value over time, such as machinery, motor vehicles, furniture, computers and phones, it’s likely that you would have claimed a depreciation expense.

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The low down on depreciation
( Posted in: Tax )