The government has announced a one-off, 12 month amnesty period for previous underpayment of superannuation guarantee, predicting tougher penalties in the future once the Single Touch Payroll kicks in fully… read more →
$50,000 to enable your business to grow to the next stage. This grant program provides targeted assistance for small and medium businesses that demonstrate high-growth and employment aspirations. You could… read more →
We hear this a lot! Often goes along with, “I can pay my bills and wages – why worry?” or “I do the work, pay the bills and just… read more →
The ATO has announced that it will be closely examining claims for work-related car expenses this tax time as part of a broader focus on work-related expenses. The ATO is… read more →
Changes affecting business taxpayers Extending the $20,000 immediate write-off for small business The Government will extend the $20,000 immediate write-off for small business by a further 12-months to 30 June… read more →
Personal Income Tax Plan Targeted tax relief to low and middle income earners The Government will introduce the Low and Middle Income Tax Offset, a non-refundable tax offset of up… read more →
Changes affecting business taxpayers Removing tax deductibility of payments where withholding obligations have been disregarded From 1 July 2019, businesses will no longer be able to claim a deduction for… read more →
Exemption from the work test for voluntary contributions From 1 July 2019, the Government will introduce an exemption from the work test for voluntary contributions to superannuation, for people aged… read more →