Articles
ATO Focus on rental property income and deductions
Rental properties tax Income and tax deductions from rental properties is one of the four key areas that the ATO focuses on this Tax Time. ...
STP Year-End Finalisations … Due Soon!
Employers need to make STP finalisation declarations For employees with 20 or more employees If you have 20 or more employees, you should be reporting ...
ATO Prioritising Debt Collection
As the economy emerges from COVID-19, the ATO is re-focusing on debt collection During the pandemic, the ATO deliberately shifted its focus away from firmer ...
Super Guarantee Rises to 10.5%
Who is entitled for the 10.5% increase? The increase to the superannuation guarantee (SG) rate from 1 July 2022 will see more employees (and certain ...
Top 6 Super Strategies To Consider Before 30 June 2022
Boost your super savings with these 6 strategies With the end of financial year (EOFY) fast approaching, now is a great time to boost your ...
2022 Year End Tax Planning Tips To Maximise Your Return
Tax planning opportunities As we move towards the end of the 2021/22 financial year, there are a number of year-end income tax planning opportunities that ...
ATO Lists Four Priorities For Tax Time 2022
3 golden rules when claiming a deduction In the middle of May, the ATO announced that there will be four focus areas on their radar ...
Human Resources Manual – Why You Need One!
HR manuals document your workplace policies and procedures Quite a number of employers now have in place a human resources (HR) manual. HR manuals document ...
Six Member SMSFs – What You Should Know
SMSF population statistics Since the SMSF member limits recently increased from four to six, larger families may be considering having one large superannuation fund for ...