Browsing Archive

April, 2019

Super

Is your SMSF meeting its PAYG obligations?

By On April 29, 2019

The ATO has called on self-managed funds to check whether they are meeting new pay-as-you-go (PAYG) withholding obligations for capped defined benefit income streams paid to their members. SMSFs have PAYG obligations… Read More

Tax

Increase to fuel tax credit rates

By On April 29, 2019

The ATO has increased fuel tax credit rates from 4 February 2019. As fuel tax credit rates are updated regularly, it is important to check the rates each time you lodge a… Read More

Money

Ensuring your invoices are paid on time

By On April 29, 2019

Having a healthy supply of cash is vital for the survival of small businesses, as it is required to operate and enables you to pay workers, rent and other expenses. Unpaid invoices… Read More

Business

Accounting during every stage of business

By On April 29, 2019

Professional help with accounting and financial decisions is useful at every stage of business. Accountants can assist with a variety of tasks during different periods of operation within your business to improve… Read More

Super

Expanded super for older Australians

By On April 12, 2019

The 2019-20 Federal Budget has placed a strong focus on the growth of the economy whilst also having the intention to look after older Australians. Older Australians will benefit from the work… Read More

Business

How collaboration can help grow your business

By On April 12, 2019

In a market that is full of entrepreneurs and small businesses, collaborating with a business that complements yours can be a powerful tool to share your marketing budget and be introduced to… Read More

Tax

Made a mistake on your BAS? Here’s what you need to know

By On April 12, 2019

Lodging a business activity statement (BAS) is something all business owners will be familiar with, however, mistakes can still be made. You must ensure that you have reported carefully and correctly to… Read More

Tax

2019 Budget: Rewarding working Australians

By On April 2, 2019

The 2019 Federal Budget focuses on rewarding working Australians, with the emphasis on a two-pronged approach for “hard-working” individuals. Individual taxes:From the 2018-2019 income year, the low and middle-income tax offset (LMITO)… Read More

Business

2019 Budget: A business growth based Budget

By On April 2, 2019

The 2019 Federal Budget focuses on building a better tax system for Australian businesses in order to create a stronger economy. Instant asset write-off:The instant asset write-off threshold will be increased from… Read More

Tax

Getting your GST at settlement right

By On April 1, 2019

The ATO has seen a number of common errors made on forms submitted by property purchasers since changes were made to the way GST is collected at settlement in July 2018. Supplier… Read More