Claiming the $20,000 instant asset write-off
Businesses with an annual turnover less than $10 million (from 1 July 2016) can claim the $20,000 instant ...
Subscribe to our Newsletter and Weekly Blog
Targeted amendments to Division 7A
The Government is widening the scope of Division 7A to include unpaid present entitlements from 1 July 2019 ...
Changes to GST at settlement forms
The Australian Taxation Office (ATO) has announced changes to the way GST is collected at settlement. According to ...
Inactive ABNs subject to cancellation
Periodically, the Australian Business Register (ABR) checks its records for Australian business numbers (ABNs) and automatically cancels those ...
Bitcoin tax scammers
The Australian Tax Office (ATO) is warning taxpayers to be aware of scammers impersonating the Tax Office and ...
Small business CGT concessions
Small business owners (annual turnover of less than $2 million) are entitled to claim capital gains tax ...
Superannuation – living longer
The Government is introducing a series of new measures designed to help Australians keep a greater portion of ...
Topping up your super with downsizer payments.
Due to new super measures introduced by the Government, Australians will now be able to contribute part of ...
The Budget.
The 2018 Federal Budget is built on the back of a historically strong post-mining boom Australian ...
Black Economy Taskforce findings
In its effort to facilitate a fair business environment, the ATO has offered continued support for honest businesses. ...
Digital currency no longer subject to double tax
The Government has announced that the GST treatment of digital currency, such as Bitcoin, is now the same ...
Don’t get caught at these public holidays
When it comes to public holidays, business owners have the responsibility of getting it right. Consider the following: ...