Getting your bookkeeping ready for a digital future August 25, 2023 Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for…
Avoid ATO’S increased tax penalties – reminders and updates August 21, 2023 Announced as part of the 2023–24 Federal budget, increased funding has been provided to the ATO to scrutinise…
Superannuation guarantee compliance – ATO’s priority in 2023–24 August 18, 2023 The ATO released their corporate plan for 2023–24 and announced superannuation guarantee (SG) compliance as one of the…
Business tips: Adding value to your business prior to an exit August 14, 2023 Generally speaking, an exit strategy will be put in place years before your planned exit date. This gives…
Your taxable payments annual report (TPAR) is due soon August 7, 2023 Prepare now for your taxable payments annual report (TPAR) lodgement. Whether you lodge your own report directly with…
5 vital things to set up before you pass away August 3, 2023 No-one wants to spend too much time thinking about their own mortality. But the reality is that forward…
Proving your ongoing business viability through 5 financial reports July 31, 2023 Whether you’re applying for government subsidies, taking out a business loan or seeking investor support, you need to…
Your June quarter BAS is due soon July 25, 2023 If you are lodging your own quarterly business activity statement (BAS) you generally need to lodge and pay…
Fame and Image rights to be taxed in individual returns only July 24, 2023 A tax determination from the Australian Taxation Office (ATO) has stated that earnings from your "image rights" or…