NEWS & INSIGHTS
Car deductions added to the ATO watch-list
The ATO will be scrutinising work related car deductions during 2019 tax time. See what you can and can’t claim, and how to claim correctly.
Tax law changes – no deductions if you don’t meet your tax obligations
21 June 2019 There’s recently been big tax law changes that may reduce the tax deductions for many businesses across Australia. This may happen if you: 1. Don’t lodge your BAS’s on time; or 2. Don’t lodge your payroll each week using Single Touch Payroll (STP); or 3....
New minimum wage rate from 1 July 2019
15 June 2019 The Minimum Wage Panel on 30 May 2019 handed down its minimum wage decision for 2019. From the first pay period commencing on or after 1 July 2019, the National Minimum Wage will increase to $740.80 per week, or $19.49 per hour. What this may mean for...
Thousands raised at Shakespeare’s Pink Tiger Day 2019
6 June 2019 A whopping $41,000 was raised at the (annual) Curtin Wesley Football Club Pink Tiger Day 2019, which was held on Saturday, May 18 and proudly sponsored by Shakespeare Financial Group. Pink Tiger Day, now in its 9th year, has collectively raised $311,000...
Superannuation changes for low balance and inactive accounts
29 May 2019 There are new changes on the way for those with multiple and low balance superannuation accounts. From July 1, inactive low balance superannuation policies can be consolidated into a member’s existing active superannuation account by the ATO on behalf of...
Post Election 2019 Tax Planning
28 May 2019 The federal election is over, and while the Coalition have promised company tax cuts and individual tax cuts, the majority of these are planned for a few years’ time. Here are 2 key areas that will affect you as a business owner in the short term. INSTANT...
get in touch
To get in touch with us today, simply use the contact form below and our team will get back to you as soon as possible.
