by admin | Oct 18, 2021 | Uncategorized
From 1 November 2021, if you have new employees start and they don’t choose a specific super fund, you may need to request their ‘stapled super fund’ details from the Australian Taxation Office. A stapled super fund is an existing account that is linked, or ‘stapled’...
by admin | Jul 8, 2021 | Uncategorized
ATO PAYMENT DEFERRALS We can liaise with the ATO and negotiate a deferral or repayment plan if you are having trouble paying any ATO liabilities. Please contact us immediately if you would like our assistance with this. SINGLE TOUCH PAYROLL If you are reporting...
by admin | Jul 8, 2021 | Uncategorized
Wok Related Expenses Generally speaking, there are three rules for Australians looking to claim work-related expenses on their tax return: You must have spent the money, and not been reimbursed for the expense The expense must be directly related to you earning your...
by admin | Jul 8, 2021 | Uncategorized
The annual wage review for 2020/2021 by the Fair Work Commission has been released. National Minimum Wage is increasing by 2.5% to $20.33 per hour from 1 July 2021 up from $19.84 per hour, and modern award rates will also increase by 2.5% though as with the previous...
by admin | Jul 8, 2021 | Uncategorized
In order to reflect accurate member balances for the year ended 30 June 2021, SMSF that hold property need to obtain a market valuation. Generally an external valuation of real property is not required each year. However, a recent valuation would be deemed necessary...
