myGov Is More Pain Than Gain For Accountants
myGov has become a target for criticism as certain faults are creating significant pain for tax and BAS agents, and,…
Ken Burk Archive
- Tax ·
Warning For Tax On Overseas Income
Do you earn income overseas? A recent case highlights why you might pay more tax than you thought on foreign…
- Tax ·
Changes To Tax-Free Component For Redundancy And Early Retirement Scheme Payments
Starting from 1 July 2019, all individuals younger than 66 will be able to receive the tax-free component for redundancy…
No Tax Deductions If You Don’t Meet Your Tax Obligations
New laws passed by parliament last month directly target the behaviour of taxpayers that don’t meet their obligations. If taxpayers…
Contractor Or Employee? Defining Workers In The Gig Economy
If you engage contractors, it is essential to get the facts of the relationship right. Business owners need to take…
Small Businesses Encouraged To Start Single Touch Payroll Early
The tax office will soon begin sending letters and notifications to small businesses, encouraging them to begin early use of…
- Tax ·
Working From Home: What Deductions Can You Claim?
For a while now, the Australian Taxation Office (ATO) has been concerned about tax deductions individuals have been claiming for…
New Rules For Gift Card Expiry Dates
In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion.
Cash Payments Are Holding Your Business Back
In a world that's raining credit cards, a 'cash only' sign will leave your business dry...
- Blog ·
Tax Obligations For Car Sharing
There are many third party services popping up that make it possible for your car to earn some income while…
- Blog ·
Airbnb vs Tax – What You Need to Know
So there are extra rooms that you don’t use and it’s just occurred to you that the extra cash that…
- Tax ·
Did someone say there are tax cuts coming?!?
1 July 2018 is the start date for the seven year income tax plan announced in the recent 2018-19 Federal…
