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April – 2018 Practice Update covers following points: New superannuation rates and thresholds released Super guarantee payable on 'public holidays' and 'additional hours'! Inactive ABNs will be cancelled by the ATO Commissioner's speech highlights ATO's focus areas No need to actually 'downsize' for 'downsizer contributions' Click here for April – 2018 Practice Update

A few checks to ensure a profitable relationship for your business In our previous articles we’ve enlisted quite a few times, the ideal qualities of an accountant and why you probably need to get an accountant for your business. If you are reading this now, it is likely that you have found the need for...

March – 2018 Practice Update covers following points: Big changes proposed to eligibility for the CGT SBCs ATO's focus on work-related expenses Taxpayer can't explain where she got the money to pay her expenses Uber driver not an 'employee' Government to fix a problem with reversionary TRISs New small business benchmark are available Guide to the...

February – 2018 Practice Update covers following points: Further 'affordable housing' measures passed Consulting on 'protecting superannuation entitlements' ATO warning regarding small business record-keeping ATO data matching program - Visa Holders Review of Rules for early release of superannuation ATO extends due date for 2016/17 SMSF returns Taskforce to help digitise small business Click here...

Why you Might want to Consider a Tax Expert to Scale-up The era that we live in is a great time to be independent. With the amount of information available online in all forms i.e., videos, blog articles, tutorials and much more. You can even get certified degrees from home. It is a very empowering...

-Choosing the right accountant for you- Most business owners would have already found an accountant through referrals via friends and family or fellow industry businessmen. However, there is no reason for you to feel trapped with an accountant who does not enable you to make greater profits. An accountant’s role is far more than just...

A few steps to help you find your way through overdue tax returns. Obligations relating to tax and the slight discomfort they can cause are universal. It is quite evident that growing businesses tend to focus on developing their business and can tend to lose sight of tax returns that need to be updated regularly…

Recent ATO announcements have made it clear that the ATO has ‘taken the gloves off’ and are now devoting significant resources to FBT compliance. Making matters worse, there have been a number of significant developments that have complicated the process of preparing the 2018 FBT Return. We cut through the difficulties and provide straight-forward solutions for…

If you brush through all the receipts that you’ve been collecting all year, you’d certainly stumble upon various goods and services that can be claimed from the ATO. However, this article is about those tax deductions that go unnoticed yet lie hidden in plain sight. Calling and Browsing If your workplace requires you to make...