What Is PAYG? How PAYG Instalments Work in Australia
What is PAYG? PAYG instalments are quarterly prepayments of your income tax. See the types, how they work and how to set them up, then ask our team. (148)
Tax Accounting
Annual Compliance Reminders To Consider This Month
We hope that you’re reading this with a cold glass of something in your hand because while we applaud your business commitment, we also know you’ve earned a summer break. For many business owners, this time of year is ideal for some reflection and to get your ducks in a row for the next 12 […]
What Meals, Entertainment and Travel Can I Claim This Christmas?
The silly season has arrived at a particularly alarm rate this year and whilst the end of the calendar year can bring on stress like no other – particularly for our retail clients – it also means an excuse to have *extra* amounts of fun. Christmas parties, wining and dining clients and gifting to various […]
What Is Salary Sacrifice? How It Works in Australia
What does salary sacrifice mean? It’s a term familiar to most of us… and the main thought that comes to mind when you hear salary sacrifice is something like “I know that’s a good tax thing”. You’re right, it can be a great tax strategy for employees! Here’s what you need to know. In a […]
5 Legal Responsibilities that Business Owners Often Forget
As accountants to hundreds of business owners, it’s easy for us to notice common threads between you all – no matter your business size, industry or how long you’ve been in the game for. There are five legal responsibilities we’re reminding clients of more often than not so considering this your reminder to get the […]
Everything You Need To Know About Work Cover
Work cover is mandatory workers’ compensation insurance for Australian businesses. Learn who needs it, costs, coverage requirements, and reporting deadlines.
What are the tax implications of moving overseas?
If you move overseas, do you pay taxes? Our moving abroad tax advice explains ATO residency tests, Aussie vs foreign income, CGT and non-resident rates.
What is payroll tax and what changes are coming our way?
What is payroll tax in Australia and Victoria (VIC)? Learn rates and changes, how to lodge via PTX Express (Payroll Tax Express), due dates, penalties and tips.
Why isn’t my tax refund as big this year?
How many times can you say LMITO fast? Well, the discontinuation of it – the Low Middle Income Tax Offset – is largely to blame for the currently most commonly asked question in our inboxes: why isn’t my tax refund as big this year? The fact that lower refunds has coincided with our cost of […]
Super Guarantee Charge: How to Avoid Late Super Penalties
Missing super payments triggers Super Guarantee Charge penalties up to 200% of shortfall. Learn SGC costs, due dates, and how to avoid ATO audit stress.