May – 2017 Practice Update

May – 2017 Practice Update covers following points
  • Company tax cuts pass the Senate with amendments
  • Increase to the SBE turnover threshold
  • Reduction in the corporate tax rate
  • Changes to the franking of dividends
  • Costs of travelling in relation to the preparation of tax returns
  • FBT: Benchmark interest rate
  • FBT: Cents per kilometre basis
Click here for: May – 2017 Practice Update...

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 uncomplicated process for few, but a very time consuming one. And it does not end there. Doing your taxes goes well beyond just simply paying your taxes on time and filing the returns. It calls for a firm understanding of certain ways to reduce your tax payments and get more benefits out of it. Here is a list of reasons why you may want to consider seeing a tax accountant:
  • Anticipation
Having the support of qualified tax accountant can help you prepare for all the tax related expenses well before time. This helps you to focus on how to manage your business in a...

April – 2017 Practice Update

April – 2017 Practice Update covers following points
  • Reduction in FBT rate from 1 April 2017
  • Lump sum payments received by healthcare practitioners
  • Tax officers "hit the streets" to "help small businesses"
  • Planned changes to GST on low value imported goods
  • Company disallowed $25 million of carried forward tax losses
  • Super changes may require action by 30 June 2017!
  • Working holiday makers – 2017 early lodgers
Click here for: April – 2017 Practice Update...
Give Feedback