Blog

YOUR MONEY MATTERS DECEMBER 2023

Christmas and New Year Office ClosureOur office will close at 5.00pm Tuesday 19th December 2023 and re-open at 8.30am Monday 8th January 2024. For any URGENT matters, please contact Craig ATO’s lodgment penalty amnesty is about to endThe ATO is remitting failure to lodge penalties for eligible small businesses.  Businesses which have not yet taken […]

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YOUR MONEY MATTERS OCTOBER 2023

Taxpayers need to get their ‘rental right’ The ATO reminds rental property owners and their tax agents to take care when lodging their tax returns this tax time.  When preparing their tax returns, taxpayers should make sure all rental income is included, including income from short-term rental arrangements, renting part of a home, and other […]

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YOUR MONEY MATTERS AUGUST 2023

Employers may be entitled to claim GST input tax credits for payments they have made to reimburse employees for expenses that are directly related to their business activities.  A ‘reimbursement’ is provided when a taxpayer pays their employee the amount, or part of the amount, of a particular work-related purchase they make. Employers are not […]

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YOUR MONEY MATTERS NOVEMBER 2022

Director ID deadline is approachingThe Government has launched an awareness campaign to help company directors get their director identification number (‘director ID’) as the 30 November deadline approaches. A director ID is a unique 15‑digit identifier that a company director will apply for once and keep forever.  Director IDs are administered by the Australian Business […]

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YOUR MONEY MATTERS OCTOBER 2022

Queensland Land Tax Back Flip “Last month’s issue we made you aware of the Queensland Government law change, allowing them to increase the Land Tax payable on Land Held in Queensland by using the value of Land Held in other States in calculating the amount payable.The Queensland Government has recently announced they are abolishing this […]

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