Below is a table showing the amount of rebate that you may be entitled to: From the 2018-19 income year: The low and middle income tax offset increases from a maximum amount of $530 to $1,080 per annum and the base amount increases from $200
Single Touch Payroll – it’s almost here!
We have featured Single Touch Payroll (STP) in many of our past newsletters. With only a week or so to go, we hope you are ready. For those who still don't know what it's all about, you might like to watch our video presentation and peruse the
Are you eligible for an Australian Business Number?
Over the years, the ATO have tightened up the eligibility for owing an ABN. When the ABN system was established it was meant for Australian businesses. Sounds pretty obvious doesn't it! Over the years it has been abused though and many
Superannuation and contractors
This is probably one of the most common areas of taxation, superannuation and employment law that is handled incorrectly by contractors/employers. There are quite specific rules whereby a contractor is considered an employee for superannuation
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