Topics covered in this edition of our Client Information Bulletin are: It’s Tax Time again! Tax changes for 2019 Expanding accelerated depreciation Increasing access to company losses: ‘Similar business test’ Single Touch Payroll International Tax Changes 5 tax tips for small businesses What are ATO’s focus areas? Key Tax Dates Tax changes for 2019 –
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Topics covered in this edition of our Client Information Bulletin are: Coalition’s tax policies: How do these impact on businesses? Tax breaks available to both small and medium businesses for the 2019 tax return Small businesses with a turnover of less than $10 million What other measures are available to small businesses? Medium businesses with a
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Topics covered in this edition of our Client Information Bulletin are: What the ATO is seeing in the small business market. Motor vehicle expenses – how to get them right. Disqualifying directors of phoenix companies. Don’t forget about the small business income tax offset. Instant asset write-off for small businesses extended and increased. Taxable payments reporting
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Topics covered in this edition of our Client Information Bulletin are: Loans from Private Companies Division 7A rules. Proposed changes to Division 7A. Is your business car available for private use? Do you import goods and services? 4 ways to avoid simple mistakes with GST reporting. Do you hold vacant land? Your expenses may no longer be
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5 tax time changes that may affect you Common lodgement mistakes and how to avoid them Claiming deductions? Top 10 myths busted Lodgement deadline Rental property deductions – the do’s and don’ts! What’s new for small business? What business income do I need to declare? What concessions can small business tap into this tax time?
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4 Federal Budget tax measures that impact your business Are you ready for tax time? Quick tips to help you this EOFY What’s attracting the ATO’s attention this tax time? Are you making the most of your tax concessions? Do you need to pay payroll tax? Changes to GST on property transactions Key tax dates
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The small business $20,000 instant asset write-off extended… time to go shopping! Changes are coming to GST from 1 July 2018: is your business ready? Hot to make your GST reporting easier Did you know that some fresh foods are subject to GST? Do you provide cards, holidays or club memberships to your employees? Superannuation:
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New rules for accessing the 27.5% corporate tax rate from 1 July 2017 When does a company carry on a business? ATO releases guidance Small business tax concessions at a glance Deductions for small business Safe harbour reforms for company directors Tax consequences oftrust splitting Government cracks down on illegal phoenixing Streamlined reporting with Single
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Claiming work-related expenses?; myDeductions – a record keeping tool; Housing tax deductions: disallowing travel deductions and limiting depreciation deductions; ATO warning on holiday rental properties; Changes to capital gains withholding rules for foreign and Australian residents; Housing-related superannuation measures; Superannuation-Key rates and thresholds; Superannuation changes to be aware of; Tax incentives for early stage investors;
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The end of the financial year is coming!; 2017-18 Federal Budget small business measures; 2017-18 Federal Budget GST measures; Tax integrity in the Black Economy; Reduction in the company tax rate; GST; Superannuation; AAT disallows taxpayer’s claim for share trading losses; Illegal phoenix activity – protect yourself and your business; Single Touch Payroll starts 1
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