May 3, 2021 | Business, Compliance
You should keep records long enough to cover the period of review (also known as the amendment period) for an assessment that uses information from the record. The period of review is the time period within which the assessment can be amended by you or by the ATO. For...
Apr 5, 2021 | Advisory, Business
As the economy emerges from the serious downturn inflicted by COVID-19, where is your business really at? And what conversations and material should you be having and obtaining from your accountant or bookkeeper to assess your business’s true state of affairs?...
Mar 1, 2021 | Assets, Business, Compliance
In the current low interest rate environment, rarely been a better time to invest in your business by acquiring plant and equipment including motor vehicles. Whether you’re buying a vehicle for business or private purposes, here are some tips when buying 1. Educate...
Feb 1, 2021 | Business, Compliance, HR
As the COVID-19 vaccination rollout continues throughout Australia – with the aim of offering every adult a vaccination by the end of October. There are many unanswered questions from employers around how the vaccine sits with the workplace health and safety...
Dec 1, 2020 | Business, Compliance, HR, Payroll
Superannuation Guarantee Although the ATO allows an extra month for businesses to lodge their December quarterly BAS (the due date is 28 February regardless of your method of lodgement) there is no equivalent extension for the payment of Superannuation Guarantee....
Nov 2, 2020 | Business, Compliance, FBT, HR, Payroll
Christmas is traditionally a time of giving – including employers showing gratitude towards staff and clients/suppliers for their loyalty throughout the year. With the right approach, it is possible to enjoy some tax benefits out of your generosity, and also avoid...
