Archive for category: Tax
News
It’s 2022 fringe benefits tax time
It’s 2022 fringe benefits tax (FBT) time! In this article we outline some of the things you need to be aware of to help you lodge.
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Are your donation claims tax-deductible?
The ATO have advised to check your paperwork before claiming deductible contributions.
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The ATO Focus On Working From Home Expense Claims | Income Tax Returns
Pat Mannix talks about Working From Home Expense Claims. What are the ATO rules on this? What home office expenses can I claim on my tax return? What are my options? Pat answers all of these questions in this informative short video.
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Are Your Contractors Really Employees?
Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes.
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Temporary Full Expensing | Small Business Asset Write-Offs
Let’s talk about Temporary Full Expensing (TFE). What is TFE? What assets can I write-off? What date do you need to apply by? Pat answers all of these questions in this informative short video.
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Immediate Deductions Extended
Legislation passed by Parliament last month extends the Temporary Full Expensing rules to cover assets that are first used or installed ready for use by 30 June 2023.
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What is a Director Identification Number? | Why do I Need a DIN?
Pat Mannix talks about Director Identification Numbers (DIN). What is a DIN? Why do the directors of Australian companies need one? What date do you need to apply by? Pat answers all of these questions in this informative short video.
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Kids Over 18 in a Family Trust | Distributions
Pat Mannix talks about the distribution and tax changes that occur within a Family Trust once a child is over 18 years old. Check out this informative short video.
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