Do you hire contractors?
Read why employers can be caught out with penalties and charges if they misclassify their workers.
Read more
Bushfires November 2019
If your business or residential address is in one of the bushfire impacted postcodes, the ATO will automatically grant a two-month deferral for activity statements lodgments and payments due.
Fringe benefits tax and Christmas parties
Reminder of the potential fringe benefits tax (FBT) implications for celebrating with employees this festive season. FBT obligations depend on the amount spent, when and where a party takes place, who attends and the value and type of gifts given.
Fuel tax credits for passenger air conditioning
From 1 November 2019, you must claim fuel tax credits for fuel used to power passenger air conditioning units (for example in commercial buses and coaches) at the rate for ‘heavy vehicles for travelling on public roads’.
Contractor payments
Check if you need to report payments you made to contractors to the ATO in a Taxable payments annual report (TPAR) by 28 August 2019.
Fuel tax credit rate increase
Fuel tax credit rates increased on 5 August 2019 in line with fuel excise indexation.
$30,000 instant asset write-off
Did you know, you may be able to claim a deduction in your 2019 tax return for assets you bought for your business in the 2018-19 financial year?
Deductions you can claim
Everyone wants a great tax refund (or the lowest tax to pay). We’re here to help you claim every last dollar you can, by working for you, not Mr Taxman. Here are 4 key essentials to get you started.