March 24, 2020
FBT Hot Spots
With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position. FBT liabilities can trap unwary…
March 13, 2020
Economic Response to Covid-19 $17.6 Billion Stimulus Package
The Government announced yesterday (12th March) a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus. The yet to be legislated four…
March 11, 2020
Surviving a Crisis: Coronavirus and Beyond
Empty restaurants and retail stores were one of the first signs of the devastating impact the coronavirus on Australian businesses. Within a few months, the virus, now called COVID-19, has…
February 27, 2020
Alerts to Protect SMSFs from Fraud
A new system alerting SMSF trustees of changes made to their SMSF will roll out this month. The ATO will alert trustees by text and/or email when changes are made…
February 26, 2020
Directors, be aware as GST is now a personal liability
An update has been provided to company directors as regards to personal liability for GST. Last year the Federal Government re-introduced legislation to parliament on the 5th of July 2019,…
February 24, 2020
ATO Targets ‘Lifestyle’ Assets
The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts. The review, expected to impact 350,000 taxpayers, reaches from…
February 19, 2020
So, what is Hubdoc?
What is all this hype about Hubdoc you may ask? Hubdoc is an application designed to make your business’s bookkeeping paperless. Yes, you read that right… PAPERLESS! With the touch…
February 19, 2020
Who is an Australian Resident for Tax Purposes?
Working out whether or not you are a resident of Australia for tax purposes can be difficult as it requires the exercise of judgement rather than applying a single ‘black…
February 12, 2020
Bushfire Support and Assistance
Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer. Below…
