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2021 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 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 so...
How COVID-19 may affect your tax return
The ATO has released a range of methods to make tax time easier for businesses and individuals under COVID-19 circumstances. Working from home The ATO has introduced a new ‘shortcut method,’ which applies from 1 March 2020 to 30 September 2020. Under this new method,...
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 businesses during the post COVID-19 period. In response to the economic effects of COVID-19 on businesses,...