The Government has decided not to go down the austerity path, which will be a relief for many taxpayers and businesses. Rather, the Government has decided to put its foot on the accelerator with the hope that the growth in the economy over a long period of time will...

EOFY tips for your tax plan The financial year is almost over, but there are still effective strategies you may be able to put in place. The aim is to make sure you pay no more tax than you have to for the 2020-21 year and maximise any refunds you may be entitled to....

Some money is not counted as ‘income’ by the ATO It is possible to receive amounts that are not expected by the ATO to be included as income in your tax return. However, some of these amounts may be used in other calculations, and may therefore need to be included...

The special circumstances that coronavirus has thrown our way looks like having some very practical outcomes on certain areas of fringe benefits tax. One of the most prevalent and well-established category of fringe benefits centres on the provision and use of...

Please click here to see our Newsletter for February 2021

The last Federal Budget carried
with it a number of tax changes
that were designed to assist
the Australian economy recover
from the impact of the COVID-19
pandemic.

What the “full expensing” write-off deduction means for business The Federal Budget measure of allowing businesses to fully write-off eligible assets is a boon to Australian businesses, even though the measure is temporary.   CLICK HERE TO DOWNLOAD OUR NOVEMBER...

The JobKeeper scheme gets an update, plus an extension The JobKeeper payment, which was originally due to end after 27 September, will now continue to be available to eligible businesses (including the self-employed) until 28 March 2021. However there are some changes...