Important dates
What’s a Tax/Financial year For all individual, sole trader, company and trust working in Australia, the tax year starts on 1st of July of that
What’s a Tax/Financial year For all individual, sole trader, company and trust working in Australia, the tax year starts on 1st of July of that
The sale of an investment property in Australia can introduce intricate GST (Goods and Services Tax) considerations that often escape the notice of many property
The Australian Taxation Office (ATO) has highlighted that their compliance activities frequently uncover errors made by trustees i.e. trust distribution pitfalls. These mistakes often stem
As of May 22, 2024, the Victorian Government has made significant changes to the payroll tax exemption for GPs. Here are the key points: Payroll
A fringe benefit is a ‘payment’ to an employee, but in a different form to salary or wages. According to the FBT legislation, a fringe
Businesses owners that operate using an ABN (excluding sole traders) will need to nominate a Tax or BAS agent using the digital id (myGovID) when
On a person’s death, their superannuation benefits can only be paid directly to one or more ‘dependants’ as defined for superannuation purposes, unless they are
When an Australian resident for tax purposes, sells property valued at $750,000 or more, they must have a FRCGW certificate to present to the purchaser
The Victorian Government newest initiative is to pay up to 28 days of sick and carers pay to casual workers and contractors in certain jobs.
Working holiday makers (WHM’s) may be taxed on the same basis as a resident Australian national if they are both: -from a non-discrimination article (NDA) country -an Australian resident
The fixed rate method for calculating your deduction for working from home expenses has been revised. This revised method is available from 1 July 2022. To