What's New
14 August 2020
The Taxable Payments Annual Report (TPAR) is an industry-specific report through which businesses inform the ATO of the total payments made to contractors for services in […]
14 August 2020
Using SMSFs to buy property has become increasingly popular among Australians in recent years, particularly since it became possible for SMSFs to borrow money to fund […]
14 August 2020
A successful sales strategy plan will provide your business with clear priorities, goals, and outcomes that can help you increase sales. Outline your mission and goalsWhat’s […]
6 August 2020
‘Word-of-mouth’ referrals may seem like an outdated concept in today’s digital age of online reviews, but a few credible and positive opinions can still go a […]
6 August 2020
Business owners might be required to select a default fund for employees when they do not want to nominate their own superannuation funds. Funds should meet […]
6 August 2020
Businesses looking to save on tax for the financial year may consider applying for income tax concessions. Businesses classified as a small business entity are eligible […]
14 August 2020
The Taxable Payments Annual Report (TPAR) is an industry-specific report through which businesses inform the ATO of the total payments made to contractors for services in […]
6 August 2020
Businesses looking to save on tax for the financial year may consider applying for income tax concessions. Businesses classified as a small business entity are eligible […]
31 July 2020
Due to changing economic circumstances, businesses may be receiving income from sources they have never received from, and may be unaware of their tax implications. In […]
24 July 2020
Meeting tax obligations as a business owner can be stressful and potentially expensive if done wrong. Certain mistakes warrant severe action, so you can expect the […]
17 July 2020
The Government has updated fringe benefits tax (FBT) exemptions to include travel in ride-sourcing vehicles under the existing taxi travel exemption. In the case that your […]
9 July 2020
The small business income tax offset can be used to reduce the tax you pay by up to $1,000 a year. Also known as the unincorporated […]
3 July 2020
The end of the financial year has rolled around again, but this time, COVID-19 may affect the way you fill out your tax return. The ATO […]
3 July 2020
Companies that are interested in a petroleum project may have lodgement, reporting and payment obligations under the petroleum resource rent tax (PRRT). According to the ATO, […]
26 June 2020
New car threshold amounts will be implemented from 1 July 2020. Understanding the new thresholds and how they may affect your small business operations and vehicle […]