March 19, 2021 10:19 amPublished by adminLeave your thoughts
As an employee in a business, often there are perks that can come with the job. A company car, fuel... View Article
February 25, 2021 7:42 amPublished by adminLeave your thoughts
Luxury car tax or LCT is a 33% tax on cars that have a value (including GST) above the set... View Article
February 18, 2021 10:39 amPublished by adminLeave your thoughts
When you own a rental property, keeping records is important. These will help you meet tax obligations. Generally, only individuals... View Article
February 15, 2021 8:32 amPublished by adminLeave your thoughts
Amounts which are not classified as income are split into 3 categories. Exempt income This is income that you do... View Article
February 4, 2021 8:05 amPublished by adminLeave your thoughts
The Australian weather can be unpredictable, resulting in intense weather conditions. Bushfires, severe storms or floods can cause personal properties... View Article
January 28, 2021 9:00 amPublished by adminLeave your thoughts
Trusts have their own tax file number (TFN) that should be used to complete tax returns. Trusts are also able... View Article
January 21, 2021 8:27 amPublished by adminLeave your thoughts
When your job ends, whether there has been a termination of employment or redundancy you will receive a payment for... View Article
January 14, 2021 8:32 amPublished by adminLeave your thoughts
The government provides fuel tax credits for businesses with a credit for the fuel tax (excise or customs) that is... View Article
January 7, 2021 10:04 amPublished by adminLeave your thoughts
Businesses that are registered for GST are required to lodge a business activity statement (BAS). These assist in the reporting... View Article
December 17, 2020 8:31 amPublished by adminLeave your thoughts
Tax audits are conducted when the ATO deems that a more extensive examination of an issue is necessary. These audits... View Article