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Expert Knowledge You Can Trust

 

Here we share a range of business and tax articles for your guidance

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Business tax planning_2019

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Expert Knowledge You Can Trust   Business Tax Planning - 2019 Small Business (Aggregated Turnover <$10M)  The definition of a small business for tax purposes was changed to increase the turnover test from $2M to $10M.  Some of the relevant...
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Family trust elections

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Expert Knowledge You Can Trust   Family Trust Elections Family trusts may not be for Tax Law Purposes. Many High Net Worth Groups and smart business structures include Discretionary Trusts. Many Tax Agents often confuse or refer to these as...
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Single Touch Payroll (STP)

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Expert Knowledge You Can Trust   Single Touch Payroll (STP) What is "Single Touch Payroll"? Single Touch Payroll (STP) is a new framework for reporting payroll and superannuation information in real time.  In most cases payroll software will facilitate this...
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Clothing tax deductions

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Expert Knowledge You Can Trust   Clothing tax deductions hung out to dry The Australian Taxation Office is closely examining work-related clothing and laundry expense claims of taxpayers submitting their 2017-18 tax returns. The ATO says that clothing claims are...
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