Covid disaster payments

A reminder the Federal Government’s COVID-19 Disaster Payment kicks in from the 5th of July for everyone in Greater Sydney.  Read More

Helping businesses recover

Tax depreciation incentives to help businesses recover In 2020, the Government introduced tax depreciation incentives to help businesses recover from Read More

Small business tax time errors

It is almost the end of the current tax year (2020–21) and the start of a new one (2021–22). It Read More

Simplified trading stock rules

Under the simplified trading stock rules, you don’t have to: conduct a formal stocktake; account for the changes in your Read More

Electronic invoicing

The Government will spend $15.3 million to enhance the value of electronic invoicing to help businesses reduce costs and increase Read More

R&D applications – new online portal

A new customer portal has been launched to make it easier for companies to manage their applications for the Research Read More

FBT: Do you provide car parking for employees?

If you provide car parking for your employees, you may have to pay fringe benefits tax (FBT) on those benefits. Read More

FBT rates and thresholds

Various rates and thresholds relevant for calculating FBT are updated on 1 April each year. Updated figures for the current Read More

Year-end tax tips

Reduce your tax bill If you are a sole trader or a partner in a partnership, or your business is Read More

Online services for sole traders

Sole traders with an ABN who use the ATO’s online services for individuals now have access to improved functionality, making Read More

The black economy

The black economy is a complex, multi-faceted phenomenon operating across Australia’s workplace relations, financial, welfare, procurement and migration systems. Black Read More

myGov email scam

The ATO and Services Australia are warning the community about a new email impersonation scam that is doing the rounds. Read More