Digital economy
The digital economy and Australia’s corporate tax system The Government is working with other countries, through the G20 and the … Read More
Taxable payments reporting system expanding
The Taxable payments reporting system (TPRS) is slowly being expanded to cover more and more industries. It first started with … Read More
Instant asset write-off for small businesses extended and increased
Small businesses will get an extra tax break following the recent announcement by the Government that the instant asset write-off … Read More
Don’t forget about the small business income tax offset
If you run your business as a sole trader, or receive a share of small business income from a trust … Read More
Supporting Indigenous small business
The ATO is committed to supporting small businesses run by Indigenous Australians. They have dedicated staff on the Indigenous Helpline … Read More
Disqualifying directors of phoenix companies
In November 2018, the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, supported the proposal made by the Shadow … Read More
Motor vehicle expenses – how to get them right
The ATO has published a new factsheet on motor vehicle expenses to help small businesses get this right. The small … Read More
Focus on small business
What the ATO is seeing in the small business market On 2 November 2018, the Deputy Commissioner of Small Business, … Read More
Work out how much tax to withhold
Tax tables are an easy way to work out how much tax you need to withhold when paying your … Read More
Casual employees may be entitled to super
Employing casual workers provides businesses with an increased level of flexibility. However, it’s important to remember that casual employees may … Read More
Simple steps to getting super right
Getting super right is an important part of being an employer. To help, listed are five simple steps to check … 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.