After months of discussion, Uber has launched its ride sourcing service in Bendigo. While it may seem a simple way to earn some extra cash, it is important to understand the tax implications of running a ride sourcing business. If you ignore your registration and tax compliance obligations, it is likely that the ATO won’t! Read more
Following the flurry of new tax rates and super changes that commenced on 1 July 2017, the ATO has moved back into more traditional territory with its announcements in the new financial year.
Here’s a roundup of what’s new in the tax world: Read more
Correctly working out whether you are hiring an employee or simply engaging an independent contractor isn’t always straightforward and getting it wrong can be costly. Read more
As of 1 July 2017, employers in regional Victoria will now be eligible to receive a 25% cut to payroll tax rates.
The rate has been reduced from 4.85% to 3.65%, making it the second lowest rate in the country behind South Australia. Read more
As the days get shorter and we settle into the cooler months, the end of the financial year rolls around very quickly.
We have been recognised as an industry leader in the Acuity magazine, the national journal for Australian and New Zealand Chartered Accountants on topics surrounding team culture and the Federal Budget. To read any of the articles click here. Read more
Major changes to the rules applying to both superannuation (super) and business tax come into force on 1 July 2017, so taxpayers need to ensure they are prepared for the new regime. Here’s a roundup of the key tax changes: Read more
When you file your company tax return this year, you can be guaranteed one bit of good news – the corporate tax rate has dropped from 28.5% to 27.5% for businesses with turnover of less than $10 million. Read more
When Cyclone Debbie swept across Queensland and Northern NSW in March 2017, the damage to homes, farms and businesses ran into the billions. While the initial focus has been on the damage to buildings, crops and infrastructure, business owners also face a loss of income until repairs are complete and they can resume normal trade. Read more