August – 2017 Practice Update covers following pointsATO warning regarding work-related expense claims for 2017
GST applies to services or digital products bought from overseas
...
2016/17 Tax Return Checklist
2016/17 Individual Tax Return ChecklistDepreciable plant, etc, costing $300 or less
Clothing expenses
Self education expenses
Other work-related expenses2016/17 Year-end...
July – 2017 Practice Update
July – 2017 Practice Update covers following pointsRemoval of the Temporary Budget Repair Levy from the 2017/18 income year
Extension of the $20,000 SBE Immediate Deduction Threshold
...
ATO Is Taking a Sharper Look at Uber Drivers
The ATO has been on top of the situation to avoid letting Uber drivers slip away without paying their taxes. This goes for not only drivers of Uber, but also any ride sharing arrangement or companies...
June – 2017 Practice Update
June – 2017 Practice Update covers following pointsBudget Update
More taxpayers can access the benefits of being an 'SBE'
Who is assessed on interest on bank accounts?
Children’s...
May – 2017 Practice Update
May – 2017 Practice Update covers following pointsCompany tax cuts pass the Senate with amendments
Increase to the SBE turnover threshold
Reduction in the corporate tax rate
Changes...
Why Do You Need a Tax Accountant?
Tax accountants can make your life very easy and straight forward. They can help you to create business expansion opportunities that you never thought possible. Managing your tax might be a fairly...
April – 2017 Practice Update
April – 2017 Practice Update covers following pointsReduction in FBT rate from 1 April 2017
Lump sum payments received by healthcare practitioners
Tax officers "hit the streets" to...
Is the ATO Snooping on Your Social Media?
If this article heading stopped you dead in your track then you’re probably not aware of this possibility. In the light of an article recently published in the Sydney Morning Herald, we would like...
Tips on Avoiding The Traps of Taxation When Trying To Minimise Tax Paid
Each and every business, and career oriented individual is liable to pay tax. It might seem like you're losing your hard earned money, but taxation is a primary source for the country to keep...
