New obligations apply for working holiday makers and their employers. Last September the Treasurer announced that from 1 January 2017 working holiday makers would be taxed at 19% on earnings up to $37,000. Then, in November it was announced that there would be a further tax rate cut from 19% to 15%.
About AFS Bendigo
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Entries by AFS Bendigo
AFS & Associates is excited to announce the appointment of Kate Mannix as its first ever Chief Executive Officer. This position is a first for the firm which has operated for over 70 years.
It’s hard to believe it’s February already, with the nation back at work and kids back at school after the summer holidays. Casual cash quarter This casual cash quarter we are recognising the hard work that our local firefighters do, especially during the warmer months. We will be supporting our local Lockwood and Maiden Gully […]
As of 1 July 2018 if you are a ‘substantial employer’ – i.e. employ 20 or more employees, you will be required to report your payroll using Single Touch Payroll (STP). This means, when you pay your staff, the employees’ salary and PAYG withholding amounts will be automatically reported to the Australian Taxation Office (ATO). […]
Making the most of home office deductions Working flexible hours at home or running your small business from the spare room are becoming increasingly popular options for Australians.
Owners of income producing properties are eligible to claim tax deductions for a number of expenses involved in holding a property. Most investors are aware of some of the deductions they are entitled to; for example,
The role that small business plays in the economy is generally well understood but how well do the owners of those businesses understand their true worth?
If 2016 taught us anything, it was to expect the unexpected. Britain’s vote to exit the European Union and Donald Trump’s election as the next US President surprised the pundits and markets alike.
Wine Equalisation Tax Rebate to change again The Turnbull Government has announced further changes to the Wine Equalisation Tax (WET) Rebate to benefit grape growing, winemakers and associated tourism in Australia.
AFS turns 70 In this month’s edition we cover the history of AFS. This year we celebrate 70 years of service in Bendigo and beyond. From humble beginnings to a team of over 70, we take a look back at the history of the firm. The wonderful work from all of our team over the […]