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Latest From the News Desk
2018/19 Year-end Checklist for Business
2018/19 Year-end Checklist for Business Many of our business clients like to review their tax position at the end of the income year and evaluate any year-end strategies that may be available to legitimately reduce [...]
2018/19 Tax Checklists – Individual
2018/19 Individual Tax Return Checklist Tax saving strategies prior to 1 July 2019 A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will [...]
Single Touch Payroll Update
Single Touch Payroll Update Employers with 19 or fewer employees are required to start reporting through Single Touch Payroll (‘STP’) from 1 July 2019. The ATO will be working with employers to support them as [...]
Employees and Payment Summaries
Employees and payment summaries The ATO has also reminded employees that how they get their end of financial year information from their employer, showing their earnings for the year, depends on how their employer reports [...]
FBT issues on the ATO’s radar
FBT issues on the ATO's radar The ATO has updated its list of 'What attracts our attention', with six items that specifically relate to fringe benefits tax ('FBT'), as follows: Failing to report motor vehicle [...]
Latest ATO benchmarks released
Latest ATO benchmarks released The ATO has released updated benchmark data drawn from over 1.5 million small businesses around the country to "help small businesses across the country . . . gauge the strength of [...]
