Understanding Director Penalty Notices
Understanding Director Penalty Notices
Navigating the intricacies of DPNs can be challenging for directors, so engaging with a qualified tax advisor is crucial to gaining the necessary support and understanding.
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Support for Australian small business
Support for Australian small business
Two measures introduced into Parliament to ease pressure and boost resilience for small businesses.
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NSW State Budget 2023-24
NSW State Budget 2023-24
The 2023-24 NSW State Budget has a strong focus on tightening tax compliance, as well as changes to a number of exemptions and duties.
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Business debt on ATO’s watchlist
Business debt on ATO’s watchlist
The ATO has unveiled their top 5 categories of business debt for follow up, signalling the end of the leniency extended during COVID-19.
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NSW and Victoria enforce GP Payroll Tax
NSW and Victoria enforce GP Payroll Tax
State revenue rulings clarify that medical centres will be liable for the levy under service fee arrangements.
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ATO deadline reminder for contractor reporting
ATO deadline reminder for contractor reporting
The ATO is reminding businesses required to lodge a Taxable payments annual report (TPAR) to do so by 28 August 2023.
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Is your side hustle now a business?
Is your side hustle now a business?
If earning income from creating online content, social media influencing or other side hustles could mean you're in business, there are tax obligations that need to be met.
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Car limit for depreciation
Car limit for depreciation
The maximum value for calculating depreciation on the business use of a car first used or leased in the 2023–24 income year has increased.
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Trust distribution reminder
Trust distribution reminder
As we approach the end of the financial year all trustees need to be considering their trust distributions for the 30th June 2023.
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