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
Removing tax deductibility of non-compliant PAYG payments
From 1 July 2019, an employer can only claim deductions for payments made to employees or contractors where an employer … Read More
Superannuation
Proposed superannuation guarantee amnesty There is a proposal to provide employers with a 12-month amnesty to self-correct past superannuation guarantee … Read More
Ride sourcing
If you are running or are about to start running a ride-sourcing enterprise, you will need to get an Australian … Read More
Does your business own a rental property?
If you own residential rental property, you are only able to claim deductions for travel expenses relating to inspecting, maintaining, … Read More
Fringe benefits tax
Did you throw a party for your employees to celebrate the festive season? If so, you need to consider whether … Read More
GST and small business
GST and property transactions When will you get credits? To ensure you can receive GST input tax credits on time, … Read More
Single Touch Payroll
Smaller employers – when to use Single Touch Payroll If you are an employer with 19 or less employees, you … Read More
DISCLAIMER
Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.