TAXATION AND BUSINESS ADVISORS

When purchasing a vehicle it is important to choose the right option for you. A common question we ask ourselves in this situation is, is it better to lease or to apply for a car loan. To make an appropriate decision regarding this we need to look at the pros and cons...

We would like to take this opportunity to thank you for your continued support and would like to wish you and your family a Merry Christmas and a Happy New Year.

Our office will close over the holiday season from Monday the 23rd of December 2019 until Friday the 3rd o...

Be more informed on FBT and Christmas Parties. The Australian Taxation Office have released the below article regarding this topic.

Fringe benefits tax and Christmas parties is of interest to most of our small business clients at this time of year.

The following article...

We all regularly check our personal health, but do we check our financial health in particular our home loan.

If you fail to review your home loan in the current interest rate climate, then you may be costing yourself as much as 1.5% extra in interest.

Whether you have...

Please watch the video below published by the Australian Taxation Office for a step to step guide on how to create a myGov account and link it to the ATO: 

Before creating your myGov account, you will need information from one of the following : 

• Notice of Asses...

Single Touch Payroll or STP is a new regulation that will change how information such as wages, super contributions, PAYG withheld etc is reported to the ATO.

Before STP was introduced businesses previously reported such information to the ATO once a year. The reports...

Be more informed on tax changes that may impact you. The Australian Taxation Office have released the below article regarding cash in hand payments.

The Australian Taxation Office (ATO) today reminded employers that any unreported ‘cash in hand’ payments made to workers...

Owning an investment property can provide great benefits, including additional income and entitlement to tax deductions.

The ATO has an increased audit focus on investment properties for the 2018-19 financial year and is expected to audit 4,500 rental property owners....

Changes to Division 7A will be further delayed, as outlined in the 2019-20 Federal Budget.

This section of the Tax Act requires benefits provided by private companies to related taxpayers be taxed as dividends unless they are structured as complying loans or subject to...

As the end of the financial year approaches, it is important to be aware of changes to compliance obligations for small business owners.

New penalties for business’ pay-as-you-go (PAYG) withholding and reporting obligations will commence 1 July 2019, with businesses now...