Tax Archives

asset write-offs, purchases

SMEs unaware of asset write-off update and confused with the tax system: research

SMEs who are unaware or confused about recent tax rulings and benefits available to them are advised to consult a tax ex...

EOFY: How to make the most of the instant asset write-off

With June 30 fast approaching, now is time for small-business owners to start evaluating the year that was and plan for ...
tax returns

ATO issues stern warning over work-from-home tax rebate claims

The ATO warns taxpayers not to resort to "copy-paste" tax claims as the agency is closely monitoring all claims being fi...
tax shortcuts, remote working, home, working from home, WFH, work-from-home

Temporary tax shortcuts available for people working at home

The work from home tax shortcut allows claims at the all-inclusive rate of 80 cents per hour instead of having to manual...
Federal budget

The Budget and small business

Reaction from key stakeholders in the small-business community to the measures introduced in last night's Budget that di...
JobKeeper, government, loan

More businesses likely to be eligible for JobKeeper after ATO review

More Australian businesses may be eligible for JobKeeper after a Federal Court decision that granted eligibility to a co...
end of financial year

EOFY: The do’s and don’ts that will maximise your after-tax position

Top bookkeeping tips to help smooth the run up to EOFY and ensure you get the most out of your tax return.,

ATO launches its new online reporting system

The ATO has involved many businesses in the development of its newly launched online service to ensure a swift, efficien...

The most important SME considerations before tax time

The key “do”s and “don’ts” that small-business owners should be considering when preparing their tax return this EOFY.

Declutter your books before EOFY rush

As part of the "getting organised" process and before the EOFY comes around again, now is the time to declutter your boo...