New Tax Tables

New Tax Tables

Are you withholding the correct amount of 2019 tax from your employees? Tax tables have been updated to apply from 1 July 2019. Tax tables that have not changed will continue to apply. Refer to Tax Tables for more information. Don’t get caught out as employers...
2019 FYCF

2019 FYCF

The introduction of the Tax Agent Services Act 2009 means a greater safe-guard for taxpayers and our Financial Year Compliance File has been designed specifically with this in mind. The 2019 FYCF will be available very...
Building and Construction

Building and Construction

How did you go in 2018? Did you get selected for audit?Taxpayers in the building and construction industry have lodged their Taxable Payments Annual Report (TPAR).The A.T.O. are conducting a series of audits – make sure you don’t get caught out!For more...
EOFY Stocktake

EOFY Stocktake

Businesses that keep trading stock generally need to provide evidence of the level (quantity) and value ($) held at 30 June; in these instances a physical stocktake is required at the close of each financial year.  If you are a small business you may wish to elect to...
Work in Progress

Work in Progress

A calculation is required each tax year with respect to work that has been carried out but not yet completed by 30 June; this is particularly important if you are in the building and construction industry.  For example, where you have incurred substantial expenditure...
Directors Liability

Directors Liability

Notice to all Directors: From appointment date, a director has 30 days to decide to resign with no potential for exposure to adverse personal financial liability.  Furthermore, the Tax Laws Amendment (2012 Measures No. 2) Bill 2012: Companies’ non-compliance...