For some time now, the Building and Construction Industry has been required to lodge an annual Taxable Payments Annual Report (TPAR) with the Tax Office detailing which contractors they have paid, what their ABN is and how much they have paid them during the year. This measure was intended to catch out contractors who were not paying tax on their income.Continue reading
If your business isn’t up to date with your PAYG withholding obligations, you may not be entitled to claim any business related tax deductions.Continue reading
From the September 2019 quarter you will need to be ready for Single Touch Payroll if you have 19 or Continue reading
Christmas can present a tax headache in the New Year if you’re not aware of the Fringe Benefits Tax (FBT) Continue reading
By Marie Olesen Do happy holiday-makers streaming into your local area each school holidays make you think about putting your home Continue reading
Single Touch Payroll (STP) requires payroll information to be reported to the Taxation Office each time you pay your employees, Continue reading
Payments of superannuation must be received by the relevant fund by 30 June to obtain a tax deduction for the current financial Continue reading
To enable a claim for motor vehicle expenses by either the “log book” or “cents per kilometre” methods, odometer readings Continue reading
Odometer readings need to be recorded as at 31 March 2018 for all motor vehicles supplied by an employer i.e. Continue reading
As part of the 2017-2018 Budget, the Government announced it would be making changes to the way it collects GST Continue reading
