‘Don’t Rock The Boat’ Budget 2022-23
The 2022-23 Federal Budget is a safe, ballot box friendly Budget as expected with a focus on cost of living,…
Blog Archive
- Tax ·
The ATO Focus On Working From Home Expense Claims | Income Tax Returns
Pat Mannix talks about Working From Home Expense Claims. What are the ATO rules on this? What home office expenses…
Are Your Contractors Really Employees?
Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or…
Temporary Full Expensing | Small Business Asset Write-Offs
Let's talk about Temporary Full Expensing (TFE). What is TFE? What assets can I write-off? What date do you need…
- Tax ·
Immediate Deductions Extended
Legislation passed by Parliament last month extends the Temporary Full Expensing rules to cover assets that are first used or…
What is a Director Identification Number? | Why do I Need a DIN?
Pat Mannix talks about Director Identification Numbers (DIN). What is a DIN? Why do the directors of Australian companies need…
- Blog ·
The ATO’s Attack on Trusts and Trust Distributions
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts…
Federal Budget 2022-23
The Federal Budget has been brought forward to 29 March 2022. With the pandemic and the war in Ukraine we…
- Tax ·
Professional Services Firm Profits Guidance Finalised
The Australian Taxation Office’s finalised position on the allocation of profits from professional firms starts on 1 July 2022.
Pandemic Leave Disaster Payments rules change
The rules for the Pandemic Leave Disaster Payment, the payment accessible to those who have lost work because they have…
Year of the Tiger: Roaring or Bellowing?
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out…
PCR and RAT tests to be tax deductible, FBT free
The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible for individuals and exempt from…
