Uncategorised

16 June, 2023

STP Phase 2: Avoid Common Mistakes

Single Touch Payroll (STP) was introduced as a way for employers to send super and tax information directly to the ATO through the use of STP-enabled software solutions. STP Phase […]
9 June, 2023

Cheaper Childcare On The Horizon

Families struggling with the current cost of living crisis could soon have some relief with cheaper childcare coming mid-year after the government passed child care subsidy reforms. This was a […]
6 June, 2023

FBT Reminder: Electric Cars Exemption

For the 2022-23 FBT year (1 April 2022 to 31 March 2023), your business may be able to receive an FBT exemption for certain eligible electric cars and associated car […]
17 May, 2023

Tax Records Education Direction Now In Place

Late last year, the Treasury Laws Amendment (2022 Measures No 2) Bill 2022 passed Parliament and received Assent. Among other things, it contained a measure to allow the ATO to […]
10 May, 2023

Work From Home Expenses: New Rate

From the 2022-23 income year, taxpayers can no longer rely on the 80c per hour shortcut method with the introduction of the revised fixed-rate method for calculating the work-related additional […]
8 May, 2023

Commencement Of DGR Revocations

The ATO has commenced revoking the deductible gift recipient (DGR) status of some non-government organisations. This has occurred due to a recent review which found that these organisations do not […]
26 April, 2023

New Year, New Scams

Money never sleeps, as the old quote goes, but it could apply equally well to scammers. As most people have let their guard down and are still recovering from their […]
17 April, 2023

FBT Car Parking: Primary Place Of Employment

The FBT ruling on car fringe benefits has finally been updated to include changes to address the concept of primary place of employment as a result of the Full Federal […]
3 April, 2023

Outcomes Of Quality Of Financial Advice Review

The final report into the quality of financial advice review has been released containing 22 recommendations to the regulatory framework in order to increase the accessibility and affordability of quality […]
31 March, 2023

AAT To Be Replaced

The government has announced that it will abolish the Administrative Appeals Tribunal (AAT) and replace it with a new federal administrative review body. According to Attorney-General, the Hon Mark Dreyfus, […]