Latest Newsletters

Tax & Super Newsletter

April 2017

WHY TAX PLAN? Tax planning is the process of organizing the affairs of a taxpayer so that, as far as legally or commercially possible, the liability of the taxpayer to income and other taxes is minimised. – (definition from the Australian Master Tax Guide)Some common strategies of reducing one’s...

Tax & Super Newsletter

March 2017

“DODGY” DEDUCTIONS More than 8 million Australians claim work-related expenses each year. ATO assistant Commissioner Graham Whyte is reminding taxpayers to ensure they get things right when lodging 2015/2016 returns over the coming months. In 2014/2015 alone, the ATO conducted over 450 000 reviews...

Tax & Super Newsletter July 2016

August 2016

In this issue:Claiming mobile phone, internet & home phone expensesGet your house in orderFive most overlooked tax deductions  Claiming Mobile Phone, Internet And Home Phone ExpensesThe ATO has issued guidance on making claims for mobile phone use as well as home phone and...

Tax & Super Newsletter February 2016

June 2016

In this issue:Data matching on insured boats, planes, cars and more Withholding tax for car allowancesChanges to being able to pre-pay taxData matching - property sales and rental incomeMonthly tax tipHome office expenses Data matching on insured boats, planes, cars and more The...

Tax & Super Newsletter Budget Edition May 2015

June 2015

In this issue:The 2015-16 Federal BudgetBudget measures affecting Individuals and FamiliesThe ‘Small Business’ package of Budget measuresBudget measures affecting Large Businesses The 2015-16 Federal Budget The 2015-16 Federal Budget was handed down on 12 May 2015.The intention...

Tax & Super Newsletter June 2015

June 2015

In this issue:Nil activity statements must be lodged GST – avoiding common errors Court finds individual contractors to be employees Good record keeping for small businesses Time to sell?Nil activity statements must be lodged If you have Activity Statements to lodge, even if...

Tax & Super Newsletter April 2015

May 2015

In this issue:Beware scam emailsATO website update for Director Penalty Regime Work-related Expenses – ATO focusDo not let yourself disappear – ATO’s (anti) fraud videoSuperannuation guarantee rateSuper contribution capsAre you paying super fund fees unnecessarily? Correcting...

Tax & Super Newsletter December 2014

December 2014

In this issue:What does a higher FBT mean for your businessYour holiday house and family arrangementsWhat is negative gearing? Christmas year-end tax checklist for business What does a higher FBT mean for your business? Small business owners should write in their...

Tax & Super Newsletter November2014

November 2014

In this issue:Bad news for business  Allowance for travel (and some common mistakes)  Rewarding staff with FBT free benefits at ChristmasBAD NEWS FOR BUSINESS The increased thresholds for the small business instant asset write-off and the loss carry-back offset for companies have now...

Tax & Super Newsletter October 2014

October 2014

In this issue:A tax deduction for your commercial website Dun & Bradstreet’s tips to ensure prompt payments ATO targeting work-related deduction claims  Employee v’s contractor – main issues and consequences of getting it wrong A tax deduction for your commercial website There...

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