Tax
CategoryTax implications for workers with COVID-19 mobility restriction
Employees who are not living or working in their regular location due to COVID-19 mobility restrictions need to be aware of the tax implic..
JobKeeper GST turnover test released
The ATO has published a ruling on the decline in turnover test for businesses applying for the JobKeeper scheme as part of the Coronavirus..
What you need to know about lodgement deferral dates
Due to COVID-19 and unforeseen financial circumstances, the ATO has announced a series of lodgement deferral dates available for tax retur..
FBT exemptions to keep in mind during the COVID-19 pandemic
In emergency situations like the COVID-19 pandemic, there are certain benefits you can provide your employees or their associates which ma..
ATO introduces new working from home deduction scheme
COVID-19 is forcing many businesses to work from home, meaning that you now have to pay for expenses such as heating and lighting that wer..
Setting up your myGovID
If you haven’t set up your myGovID yet, you need to do it before you can lodge your next business activity statement (BAS).
AUSkey, inclu..
Deferring and refunding GST on imported goods
Importing goods and services with extra-added GST costs but not sure how you can apply for refunds or deference? The ATO has outlined a se..
CGT will soon be compulsory for Australian expatriate homeowners
Are you an Australian living or working overseas with a family home in Australia? Or you know someone who is? If so, be sure to consider t..
Your business website may be tax-deductible
Most businesses nowadays have some sort of website, but designing, creating and maintaining a website for your business can be complicated..
Division 7A and expert predictions on the future
Division 7A under Australian legislation is currently concerned with private company benefits given to shareholders which are taxable unde..