by admin | Mar 7, 2022 | Uncategorized
Due to frequent COVID lockdown’s, the ATO has confirmed the extension of the work-from-home shortcut method until the end of June 2022. This means you are still able to claim 80 cents for every hour you worked from home. When claiming this shortcut method, you cannot...
by admin | Mar 7, 2022 | Uncategorized
On 11 May 2021, as part of the 2021–22 federal Budget, the Australian Government announced it will remove the $450 per month threshold to expand coverage of super guarantee to eligible employees regardless of their monthly pay. This change is now law. From 1 July...
by admin | Mar 7, 2022 | Uncategorized
The FBT year is upon us… Fringe Benefits Tax (FBT) relates to benefits provided to staff outside of their wages such as cars, housing, parking or meal entertainment. The FBT year runs from 1 April to 31 March and the tax is paid for by the employer irrespective of...
by admin | Mar 7, 2022 | Uncategorized
It has been common practice for employers to set-up superannuation accounts for employees who do not provide their superannuation account details. This practice has led to many employees having multiple superannuation funds and paying unnecessary fees on these...
by admin | Nov 9, 2021 | Uncategorized
Did you know the Australian Tax Office have a podcast. Tax inVoice is an easy way to keep updated about the latest tax and super information and how you can meet your obligations. You can listen on the ATO website here, or find it on platforms including Apple Podcasts...
