Covid disaster payments
A reminder the Federal Government’s COVID-19 Disaster Payment kicks in from the 5th of July for everyone in Greater Sydney. … Read More
Helping businesses recover
Tax depreciation incentives to help businesses recover In 2020, the Government introduced tax depreciation incentives to help businesses recover from … Read More
Small business tax time errors
It is almost the end of the current tax year (2020–21) and the start of a new one (2021–22). It … Read More
Simplified trading stock rules
Under the simplified trading stock rules, you don’t have to: conduct a formal stocktake; account for the changes in your … Read More
Electronic invoicing
The Government will spend $15.3 million to enhance the value of electronic invoicing to help businesses reduce costs and increase … Read More
R&D applications – new online portal
A new customer portal has been launched to make it easier for companies to manage their applications for the Research … Read More
FBT: Do you provide car parking for employees?
If you provide car parking for your employees, you may have to pay fringe benefits tax (FBT) on those benefits. … Read More
FBT rates and thresholds
Various rates and thresholds relevant for calculating FBT are updated on 1 April each year. Updated figures for the current … Read More
Year-end tax tips
Reduce your tax bill If you are a sole trader or a partner in a partnership, or your business is … Read More
Online services for sole traders
Sole traders with an ABN who use the ATO’s online services for individuals now have access to improved functionality, making … Read More
The black economy
The black economy is a complex, multi-faceted phenomenon operating across Australia’s workplace relations, financial, welfare, procurement and migration systems. Black … Read More
