by James Carey | Mar 13, 2020 | News
The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus. The yet to be legislated four part package focuses on business investment, sustaining employers and driving cash into the economy. For...
by James Carey | Feb 26, 2020 | Business Services & Advice, News
It has been a big week in parliament. This update is important for any directors as their personal liability for company activities has increased. From 1 April 2020, company directors will be personally liable for any unpaid GST, luxury car tax (LCT) and wine...
by James Carey | Feb 25, 2020 | Business Services & Advice, News
After first being announced 24 May 2018, the Superannuation Guarantee Amnesty has now been passed by parliament and is awaiting royal assent. The SG Amnesty provides for a one-off amnesty to encourage employers to self-correct historical SG non-compliance dating from...
by James Carey | Nov 22, 2019 | Business Services & Advice, News
Single Touch Payroll consequences Single Touch Payroll (STP) is now mandatory for most employers, though there remains concessional reporting for small and family businesses. STP replaces annual PAYG Payment Summaries (group certificates) being sent to the ATO with...
by James Carey | Jul 22, 2019 | Individual Tax
The time has come to start preparing for your 2019 tax return. There are a couple of key areas of interest and changes that you should be aware of. The ATO has told us that they have two key areas of focus this financial year: Work related deductions, and Rental...
