Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a subsidy from the Government to continue paying their employees. Affected employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum period of 6...
Continue Reading
ATO dispels top tax time myths to taxpayers Ahead of one of its biggest deductions crackdowns, the tax office has listed the top myths and misunderstandings that are causing mistakes and misunderstandings by taxpayers at tax time. Here they are: Everyone is entitled to claim a...
Continue Reading
Scammers target taxpayers in voicemail hoax The tax office has found that scammers are now leaving taxpayers voicemail messages, with threats to penalise and punish for tax debts. They also accuse the recipients of suspected tax evasion. “The scammers claim to be from the ATO and many threaten...
Continue Reading
Key dates for March 2018 21 March 2018 February monthly BAS due 31 March 2018 Last day of the Fringe Benefits Tax (FBT) year.
Continue Reading
Key dates for February 2018 21 February 2018 January monthly BAS due 28 February 2018 December quarterly BAS due December quarter SG charge statement due December quarter PAYG instalment due
Continue Reading
Did you know the Australian Tax Office provides small business benchmarks to help you compare your business’s performance against similar business in the same industry? The benchmarks are calculated from income tax returns and activity statements from over 1.4 million small businesses across Australia. They account for businesses...
Continue Reading