Read the latest news, get tax advice and keep up to date with our timely and informational short reports.
Are you working from home due do the Covid-19 emergency? People who normally work in an office might not realise some of the tax benefits you’ll be able to claim. It’s time to start collecting those receipts and get a start on your tax time deductions.
On 12 March 2020, the government announced a package of measures to help the economy withstand and recover from the economic impact of coronavirus. The following measures will be administered by the ATO.
In today’s fast-changing workplace, the gig economy is booming. More and more companies hire external consultants, contractors and freelancers on a per project basis rather than hire full-time staff. However there is a risk, and a grey cloud, when it comes to employment and who is considered staff and who is considered a contractor.
Most Australians will rely on their superannuation to fund their retirement. Superannuation is a percentage of your salary that’s collected as part of your income tax and put into a fund that you will be able to access after your preservation age. However, the effectiveness of superannuation is widely misunderstood.
If you’re a small business owner, things have changed in the way you report your employee obligations and entitlements to the Australian Taxation Office (ATO). No matter how small your business is, even if you only have one employee, you’ll need to report your obligations using Single Touch Payroll.
Holiday worker. Backpacker. Overseas worker. There are tax rules and rates you’ll need to get signed off before you hire. Do you know what they are?