Viewing entries tagged
Tax Rates

2018 Federal Budget Update

2018 Federal Budget Update

The 2018 Federal budget was handed down by Treasurer Scott Morrison in Canberra on Tuesday 8 May in the midst of Australia experiencing its 27th year of consecutive growth.

Tax Deductions: the danger zones

Tax Deductions: the danger zones

A recent Parliamentary Inquiry into Tax Deductions created some fairly sensational headlines about what and how deductions are being claimed - $22 billion worth to be exact. 

It's tax time - check out our taxation check lists to make life easier!

It's tax time - check out our taxation check lists to make life easier!

Taxation can be a major cost to you and/or your business. To make your life easier we have provided the following checklists that you can download. For individuals, download and complete the various fields; for businesses, this is a reminder checklist so you can be sure to be organised!

New options for Small Business GST Reporting

New options for Small Business GST Reporting

Planning to start a small business in 2017? Take note!

From 19 January 19 2017, newly registered small businesses will be provided with the option to report less GST information on a simpler BAS.

Foreign Resident Capital Gains Tax Withholding Payments

Foreign Resident Capital Gains Tax Withholding Payments

On 13 May 2013 the Federal government announced that it would introduce a 10% withholding tax on payments made to foreign residents who dispose of certain taxable Australian property. Do you know what this means and does it affect you?

It’s not easy being a foreigner

It’s not easy being a foreigner

If you are not an Australian resident for tax purposes, you are excluded from many of the tax breaks available to residents and an increasing target of the Australian Taxation Office. We explore the widening gap between residents and non-residents.