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.

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Business owners now personally liable for GST compliance
( Posted in: Tax )

What types of insurance should a business have?

Insurance often seems like an enormous waste of money… until you need the cover.

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What types of insurance should a business have?
( Posted in: Tax )

How 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.

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How to know if your worker is an employee or a contractor.
( Posted in: Tax )

What 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.

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What business structure is best for cryptocurrency investors?
( Posted in: Tax )

SMEs Must Speak To Both Their Accountant And Broker Before Purchasing Property

If the accountant and broker are working separately, neither parties will be informed of important details on their end.

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SMEs Must Speak To Both Their Accountant And Broker Before Purchasing Property
( Posted in: Property )

How 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. 

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How Much Can You Claim On Your 2019 Return?
( Posted in: Tax )

The 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.

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The Difference Between Income Tax And Instalment Tax
( Posted in: Tax )

60,000 Tip-Offs Helping The ATO To Find Tax Cheats

Tip-offs to the Australian Taxation Office (ATO) have reached an all-time high with close to 60,000 tip-offs received between June and May 2019. 

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60,000 Tip-Offs Helping The ATO To Find Tax Cheats
( Posted in: Allied Health )