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$30,000 Instant Asset Write Off Scheme ends June 30

$30,000 Instant Asset Write Off Scheme ends June 30

29 January 2020 Time is running out to utilise the Government’s $30,000 Instant Asset Write Off Scheme. The scheme, which allows small businesses to write off asset purchases under $30,000, is due to end on June 30. From April 2019, businesses with a turnover of...
Free business workshops in Perth

Free business workshops in Perth

28 January 2020 The ATO is once again rolling out a series of free workshops and webinars for small business owners. From February to June, the ATO will be presenting workshops based around the fundamentals of starting and running a small business. Topics include:...
ATO warns on FBT parking valuations

ATO warns on FBT parking valuations

28 January 2020 The ATO is reminding employers who offer car parking fringe benefits to ensure the taxable value is calculated correctly. If you chose to use the market value method to calculate your obligation, you need to engage an arm’s length valuer to...
MYOB AccountEdge Catalina Compatibility Update

MYOB AccountEdge Catalina Compatibility Update

21 January 2020 MYOB AccountEdge not compatible with Catalina MYOB announced last year that their AccountEdge product was not compatible with the latest version of Apple’s operating system, Catalina. They have now indicated that they are unable to find a suitable...
How to keep on top of Single Touch Payroll during the holidays

How to keep on top of Single Touch Payroll during the holidays

18 December 2019 The silly season is well and truly on its way! Many businesses close during the Christmas / New Year period which may be problematic when it comes to Single Touch Payroll reporting obligations. Luckily, the ATO understands there may be businesses...