by Asha Hudson | Oct 17, 2018 | Businesses, Client Access
Checklist for hiring workers for the first time Are you? – A new business owner? At a glance: – The Tax Office has released a checklist to assist new businesses in meeting their tax and superannuation obligations to their employees. You should: –...
by Asha Hudson | Oct 17, 2018 | Businesses, Client Access
Selling or closing your business Are you? – Thinking of selling or closing a business? At a glance: – The Tax Office website provides guidance for business owners selling or closing a business. You should: – Be aware of your responsibilities as a...
by Asha Hudson | Oct 17, 2018 | Businesses, Client Access
Small business income tax offset Are you? – A small business? At a glance: – Eligible small businesses can access the small business income tax offset of up to $1,000 each year from July 1, 2015. You should: – Ensure that you are eligible for the...
by Asha Hudson | Oct 17, 2018 | Businesses, Client Access
Accounting for joint venture GST Are you? – Participating in a joint venture? At a glance: – Businesses or individuals that enter into joint ventures may need to report GST. You should: – Check if your joint venture is required to register for GST....
by Asha Hudson | Oct 17, 2018 | Businesses, Client Access
Businesses Amount to withhold on behalf of employees The Tax Office has an online calculator to assist employers with determining the amount of tax to be withheld on behalf of employees. Accounting for joint venture GST Businesses or individuals that enter into joint...
by Asha Hudson | Oct 17, 2018 | Client Access, Property Investment Negative Gearing
Immediately deductible rental expenses Are you? – A taxpayer who owns rental property? At a glance: – Certain rental expenses may be claimed as an immediate deduction against rental income. You should: – Consider whether the expenses incurred in...