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Business Tax Update - January 2019
For those with 20 or more employees, you will already be familiar with Single Touch Payroll. For smaller businesses, this is the new ATO electronic system, where your payroll software sends a message to the Taxation Office each time you prepare a wages/pay run to advise of the details of the payment
Read MoreIndividual Tax Update - January 2019
Each year, when completing client income tax returns, we note the following (usually) large dollar value items that create large tax deductions – most require one or more cash payments during the year. Correct paperwork is essential to ensure that our expenses can be claimed as a tax deduction.1. In
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