Taxation of your unused leave when leaving a job
January 21, 2021 7:27 am Leave your thoughtsWhen your job ends, whether there has been a termination of employment or redundancy you will receive a payment for... Read More
Categories for tax
Fuel tax credits for businesses
January 14, 2021 7:32 am Leave your thoughtsThe government provides fuel tax credits for businesses with a credit for the fuel tax (excise or customs) that is... Read More
Lodging your business activity statement
January 7, 2021 9:04 am Leave your thoughtsBusinesses that are registered for GST are required to lodge a business activity statement (BAS). These assist in the reporting... Read More
What do tax audits involve?
December 17, 2020 7:31 am Leave your thoughtsTax audits are conducted when the ATO deems that a more extensive examination of an issue is necessary. These audits... Read More
How to reduce the tax you pay
December 10, 2020 7:52 am Leave your thoughtsThere are various potential ways you can reduce the tax you pay. You may be entitled to tax deductions, offsets... Read More
What record-keeping requirements does the ATO have in place?
December 3, 2020 7:20 am Leave your thoughtsRecord-keeping, if done well, can help running a business much easier. It gives you an overview of the business’ financial... Read More
Tax contributions on your super
November 25, 2020 8:34 am Leave your thoughtsHow much tax you pay on your super contributions and withdrawals depends on a variety of factors. The process takes... Read More
Small business CGT concessions
November 19, 2020 7:51 am Leave your thoughtsBusinesses receive four different types of concessions on top of CGT exemptions and rollovers which are available to everyone. These... Read More
How are investments taxed?
November 5, 2020 11:47 am Leave your thoughtsInvestment income needs to be included when conducting tax returns. This includes any income acquired through interest, dividends, rent, managed... Read More
PAYG instalments for business and investment income
October 29, 2020 2:35 pm Leave your thoughtsPay as you go (PAYG) instalments are payments you can make throughout the year to avoid accumulating a large tax... Read More