Superannuation Guarantee Rates Reminder

  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...
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Hardship priority processing of tax returns

  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.         ...
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ATO Small Business Newsroom – July / August

  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...
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Year-end tax planning

  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...
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Tax implications – more than one job

  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...
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Home Office & end of 2021 tax year

  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...
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