Archive for category: Tax
News
Business owners now personally liable for GST compliance
From the start of April 2020, the tax office will be deeming directors as entirely liable for their company’s GST responsibilities.
... read moreWhat types of insurance should a business have?
Insurance often seems like an enormous waste of money… until you need the cover.
... read moreHow to know if your worker is an employee or a contractor.
Determining whether your worker is an employee or a contractor can often be a challenging task.
... read moreWhat business structure is best for cryptocurrency investors?
After deciding to invest in cryptocurrencies, you will need to make a choice of which structure you would like to invest or do business in.
... read moreHow Much Can You Claim On Your 2019 Return?
The ATO have sophisticated data matching tools which allow to identify any out-of-the-ordinary or ‘too high’ claims.
... read moreThe Difference Between Income Tax And Instalment Tax
If your business activity drops my suggestion is to go and talk to your accountant and they should be able to drop the amount per quarter that you have to pay.
... read moreExtension & Increase To The Instant Asset Write-Off For Small Businesses
The popular instant asset write-off for small business has been extended and increased.
... read moreFringe Benefits Tax Is a Nuisance
It’s particularly frustrating for our small business clients, as they often have work-related car use or take their employees out for lunches or social functions.
... read more