Maintaining good records will help businesses manage their cash flow and make sound business decisions. It will also ensure that businesses are meeting their tax obligations. Keeping good records is... read more →
Employers should be prepared for the increases to the Superannuation Guarantee (SG) rate. The steady climb in the SG rate requires employers to contribute more money into their employees’... read more →
In 2014, the ATO will be implementing changes to stop paper activity statements being sent. This change will apply when the businesses last lodged activity statement was electronic. ... read more →
In recent years, the ATO have noticed an increase in the number of invalid objections and withdrawn objections lodged by clients. In 2012-13, the ATO received over 2,600 invalid... read more →
The Medicare levy will increase from 1.5 per cent to 2 per cent from 1 July 2014. The money raised from this increase will be placed into a National... read more →
Individuals with high incomes may soon be faced with reduced concessions on their superannuation contributions as a result of Division 293 tax from 2014. Division 293 tax was introduced... read more →