The current superannuation guarantee rates for employees has increased to 10% rate from pay periods ending after 1st July 2021.  This has changed from the 9.5% superannuation guarantee rate used since 2014.           Employers are en...

  Share economy participants will no longer be able to evade their tax obligations as the government looks to legislate a new compulsory reporting regime.           The new reporting regime will see share economy platforms — such as Ube...

  If your business is experiencing financial difficulties due to the latest lockdowns, the Australian Taxation Office (ATO) may be able to help by processing your tax return faster and expediting the release of any refund to you.         ...

  The recent ruling on non-arm’s length income (NALI) in super funds by the ATO will have far-reaching consequences for the superannuation sector, according to industry experts.           First issued as a draft in September 2019, the ...

  The ATO provides information on a large number of business related topics, issues, rules and regulations.  We hope this article will help quickly you keep up to date.         Visiting the ATO's website can be daunting but here is...

  The Australian economy is predicted to grow “slower than previously thought” over the next 40 years, as the nation grapples with a tax mix that relies heavily on income tax despite an ageing population.           The federal governme...

  Working from home because of COVID-19 means most will have more deductions than in a normal year.  These checklists will help your tax agent ensure you don't miss any deductions.  Simply print, complete and return.                 ...

  Tax time is here again and pressure is mounting.               Work-related purchases, donations and superannuation are key areas where people can boost their deductions by taking action now. Prepaying expenses that relate to 12 m...

  If you are working two or more jobs casually or have overlapping contract work, you need to be careful to avoid an unexpected end of financial year tax debt.           With insecure, contract and casual work becoming increasingly com...

  In a Covid-ravaged financial year, small business owners need consider what actions now can benefit in saving income tax. Taxpayers with the best records often have the best deductions.             With just a few weeks to go until 3...