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 moreSMEs 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.
... 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 more60,000 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.
... read more