Finn McHugh
Aussies could be forced to choose between superannuation and take-home pay under a proposal being considered by the federal government.
The government will mull making an increase in…
$7bn Worth of Income Tax Cuts Have Flowed to Millions of Aussies
Jade Gailberger and Finn McHugh
A whopping $7bn worth of income tax cuts have flowed to millions of Aussie workers since July.
New Australian Taxation Office data reveals $1.1bn of…
Business Tax Planning Tips
We are nearing the end of financial year again. Here are some things to consider to reduce the tax bill or defer some of it to next year:
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The Australian Taxation Office announces temporary simplified short cut method for working from home deductions
Many workers new “normal” is working full time from home, as a result of the Social Distancing measures in response to Covid-19. In order to make it easier for individual…
COVID-19 Stimulus 3 – Jobkeeper Payment
The Morrison government announced yesterday the 3rd and largest stimulus package to date. The package centred around the Jobkeeper payment, which is payment to eligible employers of $1,500 per…
COVID-19 & Stimulus Package for Businesses
As government measures change daily amid the COVID-19 pandemic, a second stimulus package was released. This update focuses on what this means for small business, as well as other questions…
ATO Announces Changes to How Penalty Relief Is Applied
By: Steve Burnham
From 1 July 2018 the ATO says it will not apply penalties to tax returns and activity statements where your clients have made an inadvertent error by failing…
Top Five Government Grants for Startups
By: Startupsmart
The government support offered to startups across Australia is the envy of many entrepreneurs around the world, but these grants can be a tough nut to crack.
The lengthy…
Three Common Tax Mistakes That Australians Make
By Olivia Maragna
Tax time is a stressful period for many Australians. Even seemingly simple tax returns can escalate into a madcap scramble through personal records to make sure everything is…
July 1 Legal Changes Your Small Business Needs to Know About
By: Eloise Keating
It’s that time of the year again. You’re (hopefully) well on your way to getting your tax affairs in order as June 30 approaches, and come Saturday, your finance team…
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