News

Tax Time Targets

The ATO has flagged four priority areas this tax season where people are making mistakes.

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Tax Time Targets
( Posted in: Tax )

ATO refocus on debt collection

The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a tax debt. That position has now changed!

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 ATO refocus on debt collection
( Posted in: Tax )

14 Tips for Tax Planning 2022

The end of financial year is fast approaching, which means it’s time to start thinking about your tax! We have 14 tax saving tips to help you prepare and manage your Business’ financial accounts throughout the year.

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14 Tips for Tax Planning 2022
( Posted in: Tax )

Trust Planning This Year Needs To Be Done Carefully

In order to prepare your trust for the end of the financial year, there are multiple obligations that you need to fulfil as a trustee. Planning for your trust’s future is just as important as tax planning or business planning, so it’s encouraged that you take an active role.

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Trust Planning This Year Needs To Be Done Carefully
( Posted in: Tax )

Digital Solutions to Bridge the Gaps in Your Business

As a small business owner, it’s important to keep your finger on the pulse with what’s new to ensure you’re keeping up with the competition and even getting ahead with the latest in all things business!

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Digital Solutions to Bridge the Gaps in Your Business
( Posted in: Community )

Can I claim a tax deduction for my gym membership?

There are lots of reasons to keep fit but very few of them have to do with how we earn our income. As a result, a tax deduction for a gym membership isn’t available to most people.

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Can I claim a tax deduction for my gym membership?
( Posted in: Tax )

ATO ramps up heat on directors

Recently, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations. These letters are a warning shot and should not be ignored.

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ATO ramps up heat on directors
( Posted in: Tax )

Is It The End For Trusts? | Corporate Trust Structure

Is it the end for Trusts? It been said that the death of trusts happened in February 2022 with the law on company beneficiaries, but is it really true or is that an exaggeration?

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Is It The End For Trusts? | Corporate Trust Structure
( Posted in: Tax )