News
The problem with getting to 53 years of age.
Here's some food for thought and another reason why getting professional help from a financial planner is worth serious consideration.
Lost Beneficiaries
How does an executor trace a missing beneficiary?
New quarterly STP reporting method for closely held payees revealed
The ATO has shed light on how employers will be able to report quarterly for closely held employees under the new single touch payroll regime, including the ability to make amendments before an extended finalisation due date.
Some Australian figures to help on Budget night.
One great source of data about Australia. Become better acquainted with the country we love. An up-to-date snapshot of Australia's vital statistics. Please click on the following link to see all this interesting information. The areas covered are: Overview Markets GDP Labour Prices Money Trade Government Business Consumer Housing Taxes […]
Employers hit with rolling SG audits as ATO toughens stance
Employers are increasingly being subjected to a rolling series of audits by the ATO where they slip behind on their SG obligations as the Tax Office now taking a harder line on non-compliance, warns a technical expert.
Resources to help understand and implement Single Touch Payroll (STP)
STP is a significant change for business tax compliance, though for now those businesses that need to make this charge have 20 or more employees. Changes take effect on 1-7-2018, 12 months later for businesses with less than 20 employees.
Big fines, prison on the cards as new SG penalties introduced
New laws introducing penalties, including imprisonment up to 12 months, for non-compliance of superannuation guarantee obligations have since passed, with accountants urged to bring clients up to speed.
Extra website resources and tools is one way we offer you and your family more.
The following are available via our website and are not often available in the one place. All can save you time and effort. *
FBT Exemption for Various Work Vehicles
If an employer allows an employee private use of a vehicle, FBT generally applies.
Tax payable on expenditure recoupments
A Full Federal Court decision has confirmed a mismatch between capital expenditure and government grants.
