Year-end (and other) staff parties Editor: With the well earned December/January holiday season on the way, many employers will be planning to reward staff with a celebratory party or event. ... Read More
Can staff celebrations attract FBT?
With
the holiday season coming up, employers may be planning to celebrate with their
employees.
Before
they hire a restaurant or book an event, employers... Read More
Hiring employees for the festive season
As the
festive season approaches, employers that hire new employees to help with their
business should remember the following when it comes to their... Read More
Avoid a tax time shock
Individual taxpayers can take the following steps right now to ensure
the correct amount of tax is being put aside throughout the year:
- let their employer know if they... Read More
Taxpayers can start
lodging their tax returns
With
millions of pieces of information now pre-filled (including information from
most banks, employers, government agencies and private health... Read More
ATO's tips for correctly claiming deductions
for rental properties
Taxpayers who have work done on their rental property should consider
the following factors in determining claims for... Read More
ATO's 'main residence exemption tips'
The
main residence exemption needs to be considered in a variety of situations when
a taxpayer sells a property they have lived in.
The ATO hopes that... Read More
ATO's three focus areas this tax time
The ATO
will be taking a close look this 'tax time' at the following common errors made
by taxpayers:
Work
related expenses: Taxpayers using the 'revised... Read More
Government
warns of 'malicious' myGov scammers
The Government has urged Australians to be
vigilant regarding scammers who target ATO log-in details to commit tax fraud.
The ATO has received a... Read More
How to claim working from home
expenses
Taxpayers who have been working from home this financial year, and who
consequently incurred work-related expenses, have two ways to calculate their
work... Read More
Super contribution caps to rise
The big news story for those contributing to super is that the
contribution caps are set to increase from the 2025 income year.
- The
concessional contribution cap... Read More
Government announces
changes to proposed 'Stage 3' tax cuts
Despite previous assurances, and after much
speculation, the Government has announced tweaks to the 'Stage 3' tax cuts that
will apply... Read More