Taxable payments reporting system
Taxable payments reporting system
More than 60,000 businesses haven’t complied with lodgement requirements under the Taxable payments reporting system for 2019–20.
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FBT Motor Vehicle Declarations
FBT Motor Vehicle Declarations
The ATO requires all companies and trusts that have vehicles to keep odometer records of the total kilometres travelled during the year. Use our form to submit your reading on 31 March.
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REMINDER: Claim Family Tax Benefit and Child Care Subsidy by 30 June
REMINDER: Claim Family Tax Benefit and Child Care Subsidy by 30 June
ACT NOW to confirm your income now for the 2019/20 year to ensure you don’t miss out on the Family Tax Benefit (FBT) or Child Care Subsidy (CCS).
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Heavy vehicle fuel tax solution for modest claims
Heavy vehicle fuel tax solution for modest claims
Truck owners that use a heavy vehicle and who claim less than $10,000 each year can use the new "basic method".
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JobKeeper Extension Scheme – 2021 Action Items
JobKeeper Extension Scheme – 2021 Action Items
JobKeeper deadlines for the second extension period have now been extended by the ATO ahead of the festive season. We look at key updates and action items starting January 2021.
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The NSW Budget 2020 – 2021
The NSW Budget 2020 – 2021
From digital vouchers to cover government fees and charges, to payroll tax relief and a 3-year extension of the Business Connect program, NSW businesses are set to benefit as the State Government moves forward with its COVID-19 stimulus and economic recovery plan outlined in the 2020-21 NSW Budget.
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2020-2021 Federal Budget: Taxation and Accounting Overview
2020-2021 Federal Budget: Taxation and Accounting Overview
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2020-21 Federal Budget at 7:30 pm (AEDT) on 6 October 2020. Below we have provided a taxation and accounting overview of the changes outlined in the Budget. “Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the cashflow […]
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Ride-sharing Now Eligible for Fringe Benefits Tax Exemption
Ride-sharing Now Eligible for Fringe Benefits Tax Exemption
The Australian Government has now extended the Fringe Benefits Tax exemption for ‘taxi travel’ for employees to ride-share, with the likes of Uber, DiDi and Ola now falling under ‘taxi travel’. The inclusion of ride-sharing under ‘taxi travel’ will enable companies to receive the same tax benefits as they would for ‘taxi travel’, allowing for […]
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REMINDER: 30 June Deadline to Claim Family Tax Benefit and Child Care Subsidy for FY18-19
REMINDER: 30 June Deadline to Claim Family Tax Benefit and Child Care Subsidy for FY18-19
Confirm your income now for the 2018/19 year to ensure you don’t miss out on the Family Tax Benefit (FBT) or Child Care Subsidy (CCS). You need to confirm your income by lodging your tax return for the 2018-19 year, or advising that you do not need to lodge a tax return, no later than […]
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