The company tax rate for companies with less than $25 million annual turnover will be 27.5% for the 2017/18 financial year. This is a welcome relief as the government was aiming to introduce new legislation for companies that derived 20% or more

We had a lot of feedback in respect of the April article on contractor v employees. We thought we should follow it up with some further information. From the feedback there appears to be some confusion about the application of the penalties. The

This article appeared in our April 2018 newsletter, written by Peter Gill. There was recently a Four Corners special on the Australian Taxation office. One of the stories they featured was the cancellation of Australian Business Numbers (ABN) of

This article was written by Peter Gill and appeared in our October 2017 newsletter Director penalty notices have been around for a long time.  However, recently the ATO have moved to strengthen their scope - meaning that existing directors or