News & Info
July 19, 2019
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...
June 20, 2019
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...
June 19, 2019
Australian Taxation Office
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...
May 21, 2019
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...