Category Archives: Updates

2020 TAX RETURNS

Dear Clients This year will see changes in the way your tax affairs will be prepared and submitted due to the impact of COVID-19 has had on our everyday lives Taxation and accounting services will be prepared either online email communications video appointments i.e Skype Google hangouts  (no facetime don’t use Apple) over the phone […]

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COVID-19 JOB SEEKER PAYMENT

The Coronavirus (COVID-19) JobKeeper Payment for employers and employees and other additional support measures The economic impacts of the coronavirus have provided significant challenges for businesses and their employees over from this unprecedented health and economic event. The Government will provide $1,500 per fortnight per employee, before tax, for up to 6 months. Employer Eligibility […]

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COVID -19 HOME OFFICE EXPENSES

Home Office Expenses COVID 19 The Australian Taxation Office (ATO) has a new method which will allow people to claim 80 cents per hour for all their running expenses, rather than needing to calculate costs for specific running expenses; COVID 19 Hourly rate 80 cents method The changes will apply from March 1 2020 to […]

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COVID -19 ATO SUPPORT MEASURES

Dear Client for those who lodge their activity statements through my tax agent portal; BAS Jan Mar 2020 due date is 26th May 2020, using tax agent services; require to lodge as per Tax Agent Lodgement Program, you should receive up 100% of PAYG Withheld Wages for the Quarter as an offset Options available to […]

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TAX NEWSLETTER FOR 2019 TAX YEAR

2019 Tax Newsletter

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EMPLOYEES v CONTRACTORS

It is important to know the differences between an employee and a contractor (also called an independent contractor or sub-contractor) as this will affect your responsibilities, such as paying superannuation contributions. A worker isn’t automatically a contractor just because they have specialist skills or you only need them during a busy time. You need to […]

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TAX RETURN WORKSHEETS

2020 Tax Return Worksheet Business Clients YE Questionnaire 2020 for Taxincentives 2019 Tax Return Worksheet Truck Drivers Questionnaire Travel Diary Taxincentives Rental Property Schedule Taxincentives Checklist for Tax Returns Financial Reports for Entities Taxincentives Checklist for Set up of New Entities Tax Incentives Pty Ltd Tools and Equipment Tax Incentives Pty Ltd Telephone Diary Tax […]

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CHANGES TO WORK-RELATED MOTOR VEHICLE EXPENSES DEDUCTIONS

In the 2015-2016 Federal Budget, the Government proposed substantial changes to an individual taxpayer’s option for claiming tax deductions for the use of a work-related motor vehicle. – Cents per Kilometre – 12 per cent of original value – One-third of actual expenses – Logbook The proposed changes expected to take effect from 1 July […]

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OVERDUE TAX RETURNS / BAS REPORTING OBLIGATIONS?

Our firm have the expertise in preparing tax returns for multiple outstanding years, so if you’re behind with one or more years of tax returns don’t hesitate to contact us. The sooner you get on top of your obligations with the Australian Tax Office the better it will be to sort your tax affairs going […]

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TAX NEWSLETTER 30 JUNE 2017

2017 Tax Newsletter

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