by James Carey | Aug 17, 2020 | News
Special guest post by Tom Scrutton Keeping records is extremely important for both business owner and taxpayers. The good news these days is that you can maintain soft copies of most of your historical records, saving on clutter and of course minimising tree...
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 | 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...
by James Carey | Mar 26, 2019 | Accounting Technology, Business Services & Advice
The deadline for employers with fewer than 20 employees to implement Single Touch Payroll is fast approaching. Unless you are exempted, you must implement this change by 1 July 2019. If you are an employer with 20 or more employees, then you should already have...