The myGov website gives access to a range of government online services eg ATO, Centrelink, Medicare etc. These and other services can be linked to your myGov account. It has come to our attention that some of our clients, when choosing their
As proposed in the federal budget on 10 May 2017 and now law, there are changes to claiming depreciation on rental properties. If you acquire a residential investment property which contains “previously used” depreciating assets e.g. whitegoods and
Being a Shire based accounting firm, Lister Mason sees an enormous amount of tradies come through our doors. Tradesmen tend to be a little rough with their record keeping, which can sometimes result in a higher fee for the time that goes into
The following case is a true story. It goes to prove that simply signing your tax return and not disclosing ALL related income could result in enormous penalties and extra tax. Mr Gu disclosed $20,800 in salary and wages in his 2013 tax return.