by Rhys Field | Sep 18, 2019 | Australia Taxation Office, Tax Return
News Unusual Claims Disallowed – Determined by the ATO The end of the financial year marks the time that taxpayers start to do their taxes. An important part of doing these is analysing expenses and determining if deductions can be made. Deductions occur when a...
by Rhys Field | Sep 5, 2019 | Australia Taxation Office, PAYG
News PAYG Obligations The ATO have introduced new rules which disallow certain deductions to businesses who don’t meet their PAYG obligations. When a business pays an employee, director, or certain contractors, it must withhold an amount for PAYG and report it to the...
by Rhys Field | Jul 12, 2019 | Tax Rebate
News New Tax Offset passed as Law for Low & Middle Income Earners Good news to come out of the ATO! The government has now passed legislation to increase the new “Low and Middle Income Tax Offset” (LMITO) tax rebate to a maximum of $1,080 (for some taxpayers), for...
by Rhys Field | May 22, 2019 | Australia Taxation Office, Single Touch Payroll
News Are you Single Touch Payroll (STP) Ready? The ATO will be requiring all employers to report through Single Touch Payroll (STP) starting from the 1st of July 2019. Many businesses have begun the process already, and while it may seem daunting at first, the team at...
by Rhys Field | Apr 15, 2019 | Tax Return
News Have you lodged your Annual Tax Return? Haven’t lodged your tax for the financial year ended 30 June 2018? Contact us before the ATO contacts you! You might even score a surprise refund! With only one month to go and the Annual Tax Return deadline fast...