Client Information Bulletin | June 2019

​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
Read More…

No.55: 2019/20 Federal Budget Highlights, 2 April 2019

The Federal Budget for 2019/20 was handed down by the Treasurer, Mr Josh Frydenberg, at 7.30 pm (AEST) on 2 April 2019. Download link to detailed Blaze Acumen Federal Budget Tax Bulletin 2019-20 Highlights The key tax and superannuation highlights from the Budget are summarised below. A detailed summary can be found at the link
Read More…

Client Information Bulletin | February 2019

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
Read More…

Client Information Bulletin | November 2018

​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
Read More…

No. 53: Company Income Tax & Franking Changes

Reduced corporate income tax rate As you may be aware, the income tax rate for companies under specific turnover thresholds has been reduced to 27.5% with further reductions scheduled to ultimately reduce the company income tax rate for these companies to 25%. Accessing the lower tax rate has the downside of also reducing the franking
Read More…

Client Information Bulletin | September 2018

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?
Read More…

Client Information Bulletin | June 2018

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
Read More…

No.51: 2018/19 Federal Budget Highlights, 8 May 2018

The Federal Budget for 2018/19 was handed down by the Treasurer, Mr Scott Morrison, at 7.30 pm (AEST) on 8 May 2018. Download link to detailed Blaze Acumen Federal Budget Tax Bulletin 2018-19 Highlights The key tax and superannuation highlights from the Budget are summarised below.  The detail can be found at the link above.
Read More…