by admin | Dec 8, 2016 | Did You Know, News
QUICK TIPS FOR AUDITS OF TRUST ACCOUNTS Tip One You need to maintain proper records for all funds held on trust at all times, failure to do so could result in fines and penalties. Tip Two You will receive two unannounced examinations from the auditor each financial...
by admin | Dec 8, 2016 | Did You Know, News
Itinerant “flexibility” not so flexible It is generally assumed that there is a degree of flexibility within the tax law over particular work travel claims that arise where the nature of the employment is deemed to be itinerant. If you do itinerant work...
by admin | Dec 8, 2016 | Did You Know, News
Taxable Payment Reports – Building & Construction Industry Businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year. You need to report these payments...
by admin | Sep 16, 2016 | Did You Know, News
Work-Related Expenses – Are you Claiming Correctly Every tax season the ATO has a specific set of targets, and this year it’s work-related expenses. The ATO hopes to expose individuals who deliberately rort the system. The Tax Office has implemented a new...
by admin | Sep 14, 2016 | Did You Know, News
SuperStream – Are you compliant! What is SuperStream? Superstream has been introduced to ensure employer contibutions are paid in a consistent, timely and efficient manner. As an employer you are required to: send all contribution data electronically in a...
by admin | Jul 8, 2016 | Did You Know, News
PRIVATE HEALTH INSURANCE – HANDY INFO TO KNOW Many people don’t realise that they can enjoy the benefits of private health insurance for the same price or less then they have to pay in tax for not having private hospital cover. The Federal Government wants to...
