by Tommy | 14 Oct 2021 | Small Business Tips, Tax Updates
If you are lodging your own quarterly activity statement you need to lodge and pay by the 28th of October. If you lodge using our registered agent electronic services you will have until the 25th of November to lodge and pay. Have you allocated all bank transactions... 
by Tommy | 11 Oct 2021 | Small Business Tips, Tax Updates
From 1st November, if you have any new employees start work with you and they don’t nominate a specific superannuation fund, you may need to request their ‘stapled super fund’ details from the ATO. As your accountant, we can help you with this. Choosing a super fund... 
by Tommy | 7 Oct 2021 | Tax Updates
Prepare now for your quarterly superannuation guarantee (SG) contribution lodgement and payment. Here’s what you need to review: Have you allocated all payroll related bank transactions to the correct accounts? Have you checked for errors such as duplicate pay runs?... 
by Tommy | 4 Oct 2021 | Tax Updates
Have you dived into the world of cryptocurrency exchanges? Cryptocurrency is used to describe encrypted virtual currencies which exist as digital tokens. This digital currency operates outside of government via decentralised ledgers or digital wallets but can be... 
by Tommy | 30 Sep 2021 | Small Business Tips, Tax Updates
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other expenses that are specific to the nature of the goods or services that your... 
by Tommy | 28 Sep 2021 | Small Business Tips, Tax Updates
As part of the Federal Budget 2020-21, the government announced a loss carry back measure to encourage new investment and work with the temporary asset expensing measures also announced at the budget. The new law started on 1 January 2021. Eligible corporate entities...
