Tax

Tax

Let’s take a look at the ATO’S focus areas for tax time 2022

As the tax year draws to a close, we highlight The Australian Taxation Office’s (ATO) main areas of focus and share CPA Australia members’ end-of-financial-year insights. The ATO have been very clear about its focus on work-related expenses and rental property deductions for some time, …

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Business

Equifax Signs Data Agreement With The ATO

Equifax signs data agreement with the ATO to further strengthen its Commercial Credit Reports Equifax has signed an agreement with the Australian Taxation Office (ATO) to receive commercial tax default data, with the intention of displaying this information in its commercial credit reports.   The …

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Tax

How To Master Your Tax Planning

Master Your Tax Planning Many SME business owners make the error of thinking that the only time you should be concerned about your tax is when tax time rolls around. However, if you implement a tax strategy which involves taking small steps throughout the year, …

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COVID19

Let’s Recap the 2022-2023 Federal Budget

Let’s Recap the 2022-2023 Federal Budget The Treasurer Josh Frydenberg delivered the Federal Budget on Tuesday 29th March 2022. Below we’ve summarised as to how this will affect you as a an individual and a business owner.   Individuals  Increasing Medicare Levy Low-Income Thresholds The …

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