Salary sacrifice to cut tax and boost your super This time of year, people’s thoughts start turning to their tax return, but it can also be a good time to set things up so you don’t pay more tax than required next financial year. Simply talking to your employer about...
Avoid the rush: Get ready for June 30 It seems like June 30 rolls around quicker every year, so why wait until the last minute to get your finances in order? With all the disruption and special support measures of the past two years, it’s possible your finances have...
Tax Alert March 2022 New super and tax rules passed in Parliament Some of the last sitting days before this year’s Federal election saw changes to the tax and super rules finally pass through both houses of Parliament. Here’s a roundup of some of the key developments....
Single Touch Payroll (STP) changes ahead Just when you thought you had all your systems bedded down for Single Touch Payroll (STP), from the start of 2022 the government is expanding the information on employee payments you need to provide. So, what will the changes...
Tax deductions for your home-based business Using your home as the base for your business is increasingly popular, particularly due to COVID-19, with many of Australia’s 2.1 million enterprises with four or less employees now based at home. As a result, the ATO is...
Tax Alert December 2021 As COVID-19 turbulence starts to settle, the ATO is moving away from its supportive position and returning to its more usual compliance focus. That means taxpayers need to be aware their financial affairs will come under renewed attention in...