Year: 2019
Tax breaks available to both small and medium businesses for the 2019 tax return
Instant asset write-off Businesses can claim an immediate tax write-off and reduce their tax payable when buying new business assets, … Read More
Small businesses with a turnover of less than $10 million
If you are a small business with total turnover of less than $10 million, the instant asset write-off is available … Read More
What other measures are available to small businesses?
Easier for businesses to use their losses A new similar business test has been introduced, making it easier for a … Read More
Medium businesses with a turnover of more than $10 million but less than $50 million
If you are a medium business with total turnover of more than $10 million but less than $50 million, you … Read More
Tax breaks that may be available for the 2019 tax return: Law not yet passed
Prior to the Election, the Coalition Government had proposed various tax measures. These have yet to be passed into law. … Read More
The ATO is watching…
The new Government can be expected to continue funding the ATO to put in place mechanisms that will improve the … Read More
Key tax dates
Date Obligation 29 Jul 2019 – June quarter SG due – June quarter BAS due June quarter PAYG instalment due … Read More
Special Budget Edition 2019-20
A Budget ‘that gives back to the people’ to win the Election – but does it? The answer in May… … Read More
How does the Budget impact individuals?
Here are some of the measures that have come out of the Budget and how they impact individuals. … Read More
How does the Budget impact small businesses?
Here are some of the measures that have come out of the Budget and how they impact small businesses. Immediate … Read More
How does the Budget impact on large businesses?
No tax increases or tax breaks were announced but there was confirmation that the ATO will increase their monitoring of, … Read More
Key tax dates
Date Obligation 21 Feb 2019 Lodge and pay January 2019 monthly BAS 28 Feb 2019 Lodge … Read More
