TaxWise Individual News – April 2021
Our latest TaxWise Individual newsletter is now available. COVID-19 measures: How you might be affected, Stimulus vouchers: How to report this in your tax, Investment incentives: What’s changed? Do you use trading stock for private purposes, vehicle registrations: data-matching, the fight against tax crime, PAYG…Read More
TaxWise Business News – April 2021
Our latest TaxWise Business newsletter is now available. Topics COVID-19 measures: How you might be affected, Keeper, JobMaker, Use of trading stock for private purposes, working from home or running a business from home? Knowing what you can deduct, ATO updates, small business tax offset,…Read More
Millennials and Gen Z lead bush revival
AFR - Thursday, 1 Apr 2021 - Page 23 Population Growing numbers of the under-40 s are joining the grey nomads and young families seeking a better life out bush; they are reversing a century-long trend of Australians moving the other way – from sleepy…Read More
Can your business claim the loss carry back tax offset?
As part of the Federal Budget 2020-21, the government announced a loss carry back measure to encourage new investment and work with the temporary asset expensing measures also announced at the budget. The new law started on 1 January 2021. Eligible corporate entities that previously…Read More
How to make the most of higher super contribution caps
Article taken from AFR March 4 2021 Depending on your age and how much you’ve already got in retirement savings, after July 1 the new pre-tax cap will be $27,500 and the after-tax cap $110,000. From July 1 this year, you may be able to…Read More
Are your ABN details current?
Update your ABN details to ensure notifications in an emergency Did you know that government agencies use Australian Business Number (ABN) details to identify individuals and businesses in communities affected by emergencies or natural disasters? This can happen any time and any season, so we…Read More
Is your business eligible for JobMaker payments?
The JobMaker Hiring Credit scheme is designed to encourage businesses to employ additional young jobseekers aged 16-35 years. The hiring credit subsidises an increase in employee headcount. Eligible employers can receive the hiring credit for up to 12 months for each eligible employee engaged between…Read More
TaxWise Business News – February
Our latest TaxWise Business newsletter is now available. Topics covered include; JobMaker hiring credit, JobKeeper, What the ATO has been up to, including trading stock taken for private use, online sales and vehicle registrations - data-matching, ATO prosecutions, insolvency reforms, $10,000 + cash transactions and…Read More
We are seeking a self-directed, authentic, and focused senior accountant to join our Dubbo team. You will have a strong knowledge of tax compliance, accounting skills and problem-solving abilities. We offer; Genuine client focus & client management role.Broad range of services & specialist opportunities.A commitment…Read More
NSW Budget 2020-21
The NSW budget champions a business-led recovery, supporting businesses to grow, invest and create jobs in their local communities. Highlights for Business Payroll tax thresholds and cuts: The payroll tax threshold will be increased to $1.2 million with the rate of payroll tax lowered from…Read More