Blog

Are all your SMSF eggs in one basket?

Are all your SMSF eggs in one basket?

6th September 2019

The investment strategies of Self Managed Superannuation Funds (SMSFs) are under scrutiny with the Australian Taxation Office (ATO) contacting 17,700 trustees about a lack of…

Read more

ATO take ‘gloves off’ on overseas income

ATO take ‘gloves off’ on overseas income

6th September 2019

Five years ago, the Australian Taxation Office (ATO) offered a penalty amnesty on undisclosed foreign income. Five years on, the ATO has again flagged that…

Read more

Paperless Bookkeeping

Paperless Bookkeeping

3rd September 2019

Do you have boxes and boxes of old records sitting at the back room of your office? As business owners, generally you have to keep…

Read more

Avoid Tax Scam

Avoid Tax Scam

27th August 2019

This year’s tax season has well and truly started and scammers, pretending to be ATO, are again going around preying on regular people. Scammers are…

Read more

Single Touch Payroll – Non compliant businesses are to be contacted by the ATO

Single Touch Payroll – Non compliant businesses are to be contacted by the ATO

16th August 2019

How does STP work? STP works by sending information recorded on your payroll directly to the ATO after each pay run. Businesses previously reported this…

Read more

Did you know that certain non-compliant payments made to workers are no longer tax deductible starting 1 July 2019?

Did you know that certain non-compliant payments made to workers are no longer tax deductible starting 1 July 2019?

13th August 2019

As a business owner, you will need to make sure that all payments made to employees & contractors are compliant with the PAYG (pay as…

Read more