Penalty amnesty tempts 7,000 small businesses back into tax system
UPDATED: This budget measure waives fines for late lodgment of income, BAS and FBT returns due during the pandemic.
Scammers continue to fleece unsuspecting victims
The scamming industry is creative – different opening lines via telephone and emails appear daily.
Any tax debts in arrears?
Small Business tax debt is estimated at $29m plus at 30 June 2022
New laws come into effect from July 1
These changes will affect almost everyone, including families, workers, business owners and retirees.
Five questions that indicate how financial literate you are.
Australia has a relatively high level of financial literacy when ranked globally. In a study of 140 economies, Australia ranked in the top 10 countries for financial literacy.
WORKING FROM HOME EXPENSES FOR 2023
If you performed some of your work from your home office during the 2022-2023 financial year, you may be able to claim a deduction for the costs you incurred, even if the space you used is not set aside solely for work-related purposes.
Things you can do in our digital office
Our website includes a number of tools and resource that will help us work more closely as well as help you find information needed to keep on top of tax and superannuation issues and changes.
Key Considerations When Sharing Personal Information with Overseas Contractors
Engaging overseas contractors can be an effective way for businesses to respond to their business needs. However, while there are many advantages to hiring overseas contractors, you must consider this against legal risks, such as the risk of sharing the personal information of Australian individuals with overseas parties.
Summary of Superannuation Issues and Recent Changes
Recent Issues and changes that could effect you