Here is hoping you all had a lovely Easter and ate lots of chocolate, but for some, unfortunately this time of year is not all beer and skittles. It is also the time for what can appear to be a never ending stream of payments to our friends at the ATO. So what is going… Read More Easter means tax bills
A few important admin point for all my lovely clients today….. The final lodgement date for the 2018 returns is only 5 weeks away. If you have not yet provided your paperwork please do so ASAP. Work is done on a first in first served basis. The checklist is here to get you started. Note fines apply… Read More Update
If you employ people – even if it just yourself read this …. I have written about this before, but single touch payroll (STP) has now arrived. STP is real time reporting where you report to the ATO the wages you pay to every employee as you pay them via your accounting or payroll software.… Read More Single Touch Payroll
I know it’s not everyone’s cup of tea, however this months technical tax news letter is on the website for you to enjoy. Click here for further details
Don’t forget to check out our regular tax updates on the website. Click here to view the December newsletter which has interesting info on how compensation payments from the Royal Commission may be taxed. Lindsay 0413 952 180
This link is a great new guide on financial well being for all the women you know, but especially the next generation of (hopefully) financially savvy girls. Suitable for all ages, it covers all the big milestones (good & bad) such as….. Your first job Moving in with your partner and getting married Buying your… Read More Finance for Daughters – and all other women!
SMSFs are a great tool for creating wealth in a tax effective environment and, because of the self managed bit, enabling you to have total control over your investments. However, SMSFs also come with lots of rules that need to be followed, with failure to do so potentially resulting in massive penalties. Make an administrative… Read More How old is too old for an SMSF
Don’t forget that if you have employees you need to give them a PAYG summary for the year by the 14 July & report to the ATO. These should be prepared after the June payroll has been run. The ATO may have already sent you paper forms (they are pink) to complete which you can… Read More PAYG Summaries
Tax planning is always best done throughout the year, rather than in a mad scramble in June. I know the various blogs & newsletters posted over the year have triggered most of you into action already. However, I also know tax planning sometimes gets forgotten. Therefore I have put below some headings and links to prior… Read More Year End 2018 – top tips
New rules this year, for the first time allow anyone to claim concessional super contributions as a tax deduction. This is very exciting. Full details of the changes are in this previous post. However as we near the year end, here is a quick summary of the important bits ……… This will be a useful… Read More Did you forget to Salary Sacrifice?