The tax office now have the best computer system that they’ve ever had, and they’re putting it to use on the Australian public. There are four things that the ATO won’t let slide in 2019.... read more
For a while now, the Australian Taxation Office (ATO) has been concerned about tax deductions individuals have been claiming for a whole host of expenses. The latest on their ‘hit list’ are home office expenses. We guide you through what you can and can’t claim if you work from home.... read more
Owners of cafes and restaurants, and any businesses that sell or prepare food, need to be aware of when to charge GST. Unfortunately, it is not often a simple yes or no. Navigating the world of food and GST can be like weaving through a maze. A delicious maze, albeit.... read more
Dates to remember in December..
December 21 – November Monthly Instalment Activity Statement (IAS) due... read more
The ATO are about to help us Tax Practitioners out big time.
Small business is still a vote winner with the Government and Opposition teaming up to accelerate tax cuts for the sector by 5 years impacting on an estimated 3.3 million businesses.... read more
Does your accountant get their undies tied in a knot over "potential" tax law changes? With us, you only need to worry about what IS law, not what MIGHT be law.... read more
With one in three first marriages and one in two second marriages ending in divorce, perhaps the biggest risk to your estate is not a GFC, it is poor estate planning. This is exacerbated by the increase in the number of blended families with ex-spouses, step-children, half siblings, etc. that create a whole new financial picture.... read more