Blog

YOUR MONEY MATTERS MARCH 2022

Tax deductibility of COVID-19 test expenses After much speculation, the Government announced that COVID-19 tests, including Polymerase Chain Reaction (‘PCR’) and Rapid Antigen Tests (‘RATs’), will be both:    tax-deductible; and    exempt from FBT; broadly where they are purchased for work-related purposes. This will require the introduction of new specific legislation (i.e., to clarify […]

Read More

STIMULUS PACKAGE SUMMARY 2020

Am I eligible for the cash flow boost? A business (including a charity or not-for-profit) will be eligible for the cash flow boost if it meets the following conditions. The business must make a payment that is subject to the withholding tax provisions (the most common example will be payments of salary or wages). The […]

Read More

ATO Dates For 2020

Key Dates to Remember in 2020 As some dates may vary, please ensure you contact the Australian Taxation Office to check any dates in question. When the due date for lodgment or payment falls on a Saturday, Sunday, or Public holiday, it may be done on the next business day. 15 January 2020 Lodge Tax Return […]

Read More

PPSR seven year registrations: Time to renew?

The Personal Properties Securities Register (PPSR) will be seven years old on 30 January 2019; accordingly, security interests with seven year registration periods will, unless renewed, expire from 30 January 2019. The seven year security interest is the most common registration period and is the maximum period of registration for goods with a serial number […]

Read More

ATO Dates For July 2018 To December 2018

Key Dates to Remember As some dates may vary, please ensure you contact the Australian Taxation Office to check any dates in question. When the due date for lodgment or payment falls on a Saturday, Sunday, or public holiday, it may be done on the next business day. 14 July 2018 Employers must issue PAYG Withholding […]

Read More

Key Dates for July 2017 to December 2017

Key Dates  to Remember As some dates may vary, please ensure you contact the Australian Taxation Office to check any dates in question. When the due date for lodgment or payment falls on a Saturday, Sunday, or public holiday, it may be done on the next business day. 14 July 2017 Employers must issue PAYG Withholding […]

Read More