CHANGES TO DEDUCTIBILITY OF ATO GENERAL INTEREST CHARGE
CHANGES TO DEDUCTIBILITY OF ATO GENERAL INTEREST CHARGE
Dear Valued Clients,
We would like to advise you of an important change that may affect your 2026 tax position.
As part of the government’s ongoing reform of tax law, the Australian…
Taxable Payments annual report expanded (TPAR)
Taxable Payments annual report expanded (TPAR)
If your business makes payments to contractors or subcontractors, you may need to lodge a Taxable payments annual report (TPAR) by 28 August each year.
The taxable payments reporting…
Instant Asset Write Off Eligibility
Instant Asset Write Off Eligibility
Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use.
Instant asset write-off can be used…
Covid -19 Government Grants
Covid -19 Government Grants
As part of assisting those affected by Covid 19 shut downs the government introduced measures to assist those with little or no income during the Covid lockdowns.
Some of these payments include
JobKeeper…
Single Touch Payroll and the Date Matching
Single Touch Payroll and the Date Matching
The ATO introduced STP for all employers fazed in over the past two financial years. STP reports wages information to the ATO on a weekly/fortnightly or monthly basis as the employee is paid. It…
ATO Superannuation Compliance
ATO Superannuation Compliance
(extract from the ATO 16 January 2019)
Paying superannuation to your employees is an important part of being an employer.
We are here to assist in meeting your obligations but the ATO are keeping a better…
