The Government has deferred the introduction of the so-called “backpacker tax” to 1 January 2017 pending a review of issues surrounding working holiday makers in Australia. The Assistant Treasurer announced on 17 May 2016 that the Government will undertake a review of the broad range of issues affecting the supply and taxation of working holiday maker 417 and 462 visas. To […]
Backpacker tax on the Government backburner Read More »
The ATO has been working with small businesses, tax professionals, industry associations and software providers on ways to deliver a simpler BAS to make GST record keeping easier and less costly. To achieve this, several GST labels will be removed from the BAS with small businesses only required to report: GST on sales (1A) GST
Simpler BAS from 1 July 2017 Read More »
This is article is by Stephen Clifton providing short, sharp commentaries and education on financial matters. No more than 195 words, less than a minute read! ————- Small business tax related aspects of the 2016 budget and other current tax breaks Here’s my short 195 word comments on just a few of the personal and
2016 Budget: tax impacts on small business Read More »
A recently released class ruling issued by the ATO has confirmed that the employees use of an e-bike can be FBT exempt in certain circumstances. The arrangement involves a Novated Lease agreement where the bike company leases the bike to the employer for the term of the agreement. All costs of the lease are paid
Salary-sacrificed electric bicycles (e-bikes) may be FBT exempt Read More »
Home » Archives for » Page 24 Published: Month YYYY Understanding the Personal Property Securities Register (PPSR) We are constantly amazed that most small businesses have little knowledge of the Personal Property Securities Register (also known as PPSR). Particularly if you: Sell goods on retention of title terms Hire, rent or lease out goods Buy
Personal Property Securities Register (PPSR) Read More »
All our FNS40215 Certificate IV in Bookkeeping & FNS40615 Certificate IV in Accounting students now have access to our classroom recording of the BSBITU402 Develop and use complex spreadsheets unit. The recordings can be accessed directly through our Online Learning Platform. If you have any problems accessing the recordings, please don’t hesitate to contact us.
BSBITU402 Develop and use complex spreadsheets classroom recording now available Read More »