Starting 1 April 2025, the Australian Taxation Office (ATO) is implementing a significant change that could impact your business. Certain small businesses currently lodging their Business Activity […]
ATO’s New Monthly GST Rules: Is Your Business Ready? Read More »
Leverage Tax Savings While Driving Sustainability Australia’s push toward net-zero emissions has made electric vehicles (EVs) a cornerstone of corporate sustainability strategies. For businesses, the federal government’s FBT exemption for
Navigating Fringe Benefits Tax (FBT) for Electric Vehicles in Australia Read More »
Each tax season, the Australian Tax Office directs its attention to specific areas where taxpayers tend to make mistakes, whether inadvertently or intentionally. Rental properties have
Ensuring ATO compliance for property investors Read More »
When purchasing a car that exceeds the car limit, special rules apply regarding depreciation and tax deductions. The car limit sets the maximum amount that can be depreciated for tax
Buying a Car Above the Car Limit: What You Need to Know Read More »
When starting a business, understanding the different business structures and their tax implications is crucial. Here are the primary business structures in Australia and their key tax responsibilities:1. Sole Trader
Business Structures and Tax in Australia Read More »
🌟 Keeping Up with Fair Wages in Australia 🌟 As we step into 2024 Financial Year, it’s essential to recognize Australia’s commitment to ensuring fair compensation through its updated minimum
Minimum Wage from Financial year 2024 Read More »
To use the home office set rate of 67 cents per hour you must have full diary records of hours done. An estimate is not acceptable Work-related expenses for
23/24 Tax Hotspots Read More »
Imagine a world where your financial records seamlessly align, where clarity and accuracy reign supreme, and where you effortlessly make informed decisions that propel your business forward. That world is
Elevate Your Financial Landscape with Our Bookkeeping Services! Read More »
Self-Managed Superannuation Fund is a type of superannuation fund in Australia that is managed by the members themselves, rather than by a professional fund manager. SMSFs can have up to
As we approach the end of the current financial year, it’s time to gear up for the year ahead. Budgeting plays a pivotal role in managing your finances, whether you’re
Effective Budgeting Tips for You Read More »
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