What to do when you can’t pay your tax on time
Businesses who cannot pay their taxes on time can set up an agreed payment plan with the ATO to avoid late payment penalties. This may be especially useful for…
2020 End of Financial Year Tax Tips
How would you like to legally increase your Tax Saving by $500 or $1,000 or $10,000 or more? Effective tax planning is something all business owners should be considered…
PREPARING FOR YEAR END
Effective planning and preparation is critical for all taxpayers as the end of financial year approaches. The good news is that your tax professional is here to support you…
ATO introduces new work from home deduction method
More employees are working from home than ever before as a result of COVID-19. The ATO has introduced a new ‘shortcut method’ in response to this, to simplify the…
What to know about lodgement date deferrals
The ATO has announced a series of lodgement deferral dates due to COVID-19, available to businesses for tax returns, fringe benefits tax returns, monthly and quarterly BAS, annual GST…
Year End Strategies • 2019-2020
In this guide, get the latest updates on: • PREPARING FOR YEAR END • Major changes to instant asset write-off • 2020 end of financial year checklist • Rent…
