What happens if you sell your home whilst you are an overseas resident?
Thursday August 13 2020
In March 2020 new rules came into effect if you are a non-resident for tax purposes and you sell the property that was previously your home or principal place of residence. This change applies...
Guide to most common mistakes made at 'Tax Time'
Thursday August 13 2020
As Tax Time 2020 has started the Australian Tax Office reminds us of the most common mistakes taxpayers make in preparing their income tax returns.These mistakes include: forgetting to...
Thinking about buying your first home.......
Thursday August 06 2020
If you are considering purchasing your first home there are a number of Homeowner Grants and Concessions that have been made available since early 2020. The majority of these measures are...
JobKeeper Extension Conditions & Eligibility
Monday July 27 2020
On July 21, the Australian Government announced an extension to the Existing JobKeeper Payment. This extension will apply in two separate phases and is targeted at those businesses that have...
Now that June 30 is passed, what next...
Wednesday July 01 2020
Now June 30 has passed, business it is time to put on your administration hat and get that annual reporting done. Year End Payroll Procedures Employers not yet enrolled with Single...
JobKeeper - What to do after you have enrolled.
Thursday June 25 2020
Now that you have successfully enrolled in JobKeeper you should have received your first payment. (Unless your enrolment is for June).In order to receive the June payment you must report your June...
Year End Tax Tips for Individuals for 2020
Thursday June 25 2020
As we approach the end of the tax year there are some things to bring to your attention. Many of these you will know from prior years however there are some changes. In particular...
Business Year End Planning
Thursday June 25 2020
Businesses like to review their tax position at the end of the income year and evaluate any year-end strategies that may be available to legitimately reduce their tax. Traditionally,...
Year End SMSF Matters
Thursday June 25 2020
As we approach the end of another financial year there are some housekeeping matters to be attended to:ContributionsIf your fund is receiving contributions from your personal funds or your own...
Job Keeper Payment - Obligations on Employers
Tuesday March 31 2020
The Job Keeper payment is a subsidy from the Australian Government to assist employers affected by the COVID19 epidemic to continue employing their employees. To be an eligible EMPLOYER...