Extending relief with JobKeeper 2.1 changes
August 27, 2020 9:32 am Leave your thoughtsThe Government has introduced additional changes to JobKeeper to help more businesses qualify for the relief payments. One of the... View Article
Categories for tax
CGT rollover when transferring assets in a divorce
August 20, 2020 9:32 am Leave your thoughtsTransferring the ownership of assets from one party to another may attract CGT. However, in the event that a change... View Article
What is a TPAR and do you need to lodge one?
August 13, 2020 9:33 am Leave your thoughtsThe Taxable Payments Annual Report (TPAR) is an industry-specific report through which businesses inform the ATO of the total payments... View Article
Applying for small business income tax concessions
August 7, 2020 12:06 pm Leave your thoughtsBusinesses looking to save on tax for the financial year may consider applying for income tax concessions. Businesses classified as... View Article
What types of income do you need to include in your business’ tax return?
July 30, 2020 9:45 am Leave your thoughtsDue to changing economic circumstances, businesses may be receiving income from sources they have never received from, and may be... View Article
Common tax mistakes that businesses make
July 23, 2020 9:45 am Leave your thoughtsMeeting tax obligations as a business owner can be stressful and potentially expensive if done wrong. Certain mistakes warrant severe... View Article
Common tax mistakes that businesses make
July 23, 2020 9:13 am Leave your thoughtsMeeting tax obligations as a business owner can be stressful and potentially expensive if done wrong. Certain mistakes warrant severe... View Article
Amending fringe benefits tax return and updated exemptions
July 16, 2020 8:59 am Leave your thoughtsThe Government has updated fringe benefits tax (FBT) exemptions to include travel in ride-sourcing vehicles under the existing taxi travel... View Article
Are you eligible for the small business income tax offset?
July 9, 2020 9:47 am Leave your thoughtsThe small business income tax offset can be used to reduce the tax you pay by up to $1,000 a... View Article
COVID-19 factors to remember when filing your tax return
July 2, 2020 8:35 am Leave your thoughtsThe end of the financial year has rolled around again, but this time, COVID-19 may affect the way you fill... View Article