Blog
Categories: All, Advice, JobKeeper, Legacy, News, Super, Tax, Technology,
Last Call for the Climate Smart Energy Savers Program!
Attention, Queenslanders! The clock is ticking, and you have until 11:59pm on December 4, 2023, to take advantage of the Climate Smart Energy Savers Program. Don't miss out on the chance to upgrade your appliances and make your home more energy-efficient. How It Works If you're a Queensland householder looking…
Christmas Parties and FBT
With the festive season nearly here, many workplaces will be putting on a Christmas party or the like for their employees, and who doesn’t like a meal and drink on the boss! However, businesses must be mindful of scenarios that apply to business of how Fringe Benefits Tax (FBT) applies.…
If you get the chance – do some travelling!
Australia certainly is a big country to explore. The Central Highlands and King Valley in Victoria are particularly beautiful. And while you’re at it, try out a winery or two! It is the perfect time of year to get out and hit the road. Views from Mansfield-Whitfield Rd looking down…
ATO amnesty coming to an end for small businesses
On the 9th of May 2023 the government announced a lodgement penalty amnesty program for small businesses to encourage them to re-engage with the tax system and get their obligations up to date. To be eligible for the amnesty the small business must have had an annual turnover of less than…
Santa Claus is coming – Some tips to prepare Your business for Christmas
Christmas is often a crazy time of the year – it might be the most profitable and busy time of the year for your business, or it might be the time of the year that you choose to close, or it is not busy enough. The following are some tips…
What to look out for when buying a business
Buying an established business is a great way to enter into the business world, or to expand your existing business empire. But purchasing a business isn’t something to enter into lightly. Becoming the prospective owner of a new business means doing your homework, researching the business you plan to acquire…
ATO steps up data-matching to snare late super payments
The ATO has begun proactive action against employers who fail to pay super guarantee (SG) payments on time or lodge super guarantee charge statements as it ramps up data-matching in the wake of STP 2, according to Insyt chief executive Darren Wynen. The technical consultant said the ATO was undertaking…
Cyber Security Awareness Month
The theme for 2023 is 'Be cyber wise – don’t compromise' October is Cyber Security Awareness Month and an annual reminder for all Australians to stay secure online. What you can do to improve your cyber security Update your devices regularly Turn on automatic updates for your devices and software.…
10 Interesting Facts about Australia
The Australian Alps get more snow than the Swiss Alps. They straddle NSW and Victoria with Perisher being the largest ski resort in the southern hemisphere. 90% of Australians lives on the coast. Tasmania has the cleanest air in the world. The air is as clean as Antarctica. Around 1/3…
Keeping Good Investment Records
What records should you keep to help you report your investment income accurately and claim tax deductions? What records to keep Generally, for investments you will need to keep your records for 5 years after the ATO have processed your return. You need to keep records relating to your investments…
