Using your tax return wisely
Getting your tax refund back is exciting, but as tempting as it is to splurge, consider other ways you can put that money to good use. It ..
Tax bracket changes passed
In the 2019-20 Federal Budget, the Government announced their plans to change and build on the Personal Income Tax Plan. These changes aff..
Improving the efficiency of your business
As a business owner, making the most of your day to optimise productivity is crucial to your success. The most efficient businesses are th..
Claiming a tax deduction for personal super contributions
Members of self-managed super funds (SMSFs) that are eligible can claim an income tax deduction on personal super contributions. Members t..
The art of reinvention
Small businesses often rebrand or reinvent themselves to keep up with marketplace trends. Knowing when to let go of an idea so you can gro..
PAYG reporting dates approach
Changes have been made throughout the year regarding SMSFs and their pay-as-you-go (PAYG) withholding. As the end of the financial year an..
End-of-year Single Touch Payroll changes for employers
Single Touch Payroll (STP) will change how employers report their employee’s end-of-year information to both employees and the ATO. The fi..
What to consider in an employee share scheme
Employee share schemes (ESS) provide employees with a financial share in the organisation that they work for. They can be offered by o..
How bullying brings your workplace down
Bullying is a serious issue in workplaces and can affect your business on many levels. Workplace bullying is where repeated and unreasonab..
Penalty interest deductibles
The ATO has recently replaced the Taxation Ruling (TR) 93/7W on whether penalty interest is deductible to the new TR 2019/2. This new ruli..