Emily Kermac Archive
Small Business Tax AdviceTax
Small businesses and taxpayers who run their office from their home will now be able to claim a larger rate for their running expenses.
Tax
March 21 - February Monthly Instalment Activity Statement (IAS) due
March 31 - Tax Return due for individuals/trusts with prior year tax liability of >$20k
CommunityStrategic Financial AdviceTax
According to reports in July 2018, phoenix companies caused a $5 billion loss to Australia – through unpaid trade creditors, unpaid entitlements to employees, and unpaid tax and compliance costs to the government.
Tax
February 21 - December Quarterly Business Activity Statement due
February 21 - January Monthly Instalment Activity Statement (IAS) due
February 28 - Tax Return Lodgement due for new SMSFs
February 28 - Tax Return Lodgement due for new medium/large entities
Tax
The Australian Tax Office (ATO) is utilising data provided by the Australian Investments and Security Commission (ASIC) to data match share trades.
CommunityTax
Navigating the world of food and GST can be like weaving through a maze. A delicious maze, albeit.
Tax
January 15 – Tax Return Lodgement due for medium/large entities
January 21 – December Monthly Instalment Activity Statement (IAS) due
January 28 – December Quarterly Superannuation Guarantee Contribution due
Small Business TaxSmall Business Tax Advice
If you are a business that provides cleaning or courier services, you will now need to lodge a Taxable Payments Annual Report (TPAR) to inform the ATO about your payments to contractors.
Small Business TaxSmall Business Tax AdviceTax
Small business is still a vote winner with the Government and Opposition teaming up to accelerate tax cuts for the sector by 5 years impacting on an estimated 3.3 million businesses.
Small Business TaxTax
November 21 - October Monthly Instalment Activity Statement (IAS) due
November 25 - September Quarterly Business Activity Statement (BAS) due, if lodging through a Tax/BAS Agent
CommunityTax
The ATO has been made aware of fake tax agents who are conning members of the public and making them believe that they owe debt.