The below post has a lot of useful information - get a cup of your favourite beverage and have a read. As always give us a call anytime to discuss how we can...

The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus.

ATO targets ‘lifestyle’ assets The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, ...

Christmas gifts With the holiday season upon us many employers and businesses want to reward their staff and loyal clients/customers/suppliers. Again, it is ...

Did you know? The Melbourne Cup was first run on a Tuesday in 1875 Fashions on the field was first held in 1962 Race Record Kingston Rule (1993) won in a tim...

Towards Zero Interest Rates (and what it means to you) The Reserve Bank of Australia is widely tipped to reduce interest rates again to historic lows. Easton...

This month: ATO take ‘gloves off’ on overseas income Guidance on home-based businesses Rental property expenses - what you can and can’t claim Outrageous ded...

Confusion over personal income tax changes – what are you really entitled to? The recent income tax cuts that passed through Parliament do not mean everyone ...

Trust Resolutions Trustees (or directors of a trustee company) need to consider and decide on the distributions they plan to make by 30 June 2019 at the late...

The Ballot Box Budget The 2019-20 Federal Budget is designed to showcase the return to surplus (and by default the Government’s economic credentials) and eng...

Single touch payroll deadline for all employers From 1 July 2019, single touch payroll – the direct reporting of salary and wages, PAYG withholding and super...

What changed on 1 Jan 2019 Tampon tax (GST on sanitary products) scrapped Voluntary crackdown begins on credit card providers to protect consumers who cannot...

Accelerated tax rate reduction for small business Small business is still a vote winner with the Government and Opposition teaming up to accelerate tax cuts ...

1 90,000 taxpayers ‘examined’ in ATO online rental blitz The Australian Taxation Office (ATO) has announced a new data-matching program targeting taxpayers e...

ATO guide to the 5 most common Tax Time mistakes As Tax Time 2018 has 'kicked off', the ATO has profiled the five most common mistakes they see, including ta...

Tax saving strategies prior to 1 July 2018 A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income...

Many of our business clients like to review their tax position at the end of the income year and evaluate any year-end strategies that may be available to le...

2. Changes affecting business taxpayers 2.1 Extending the $20,000 immediate write-off for small business The Government will extend the $20,000 immediate wri...

1. Personal income tax changes 1.1 Personal income tax plan The Government will introduce a seven-year, three-step, Personal Income Tax Plan, as follows: Ste...

ATO's focus on work-related expenses This year, the ATO is paying close attention to what people are claiming as 'other' work-related expense deductions, so ...