Not sure if you’re earning personal services income or conducting a personal services business? Special rules apply to PSI. Talk to us and we’ll check the type of income and ensure you are claiming the maximum allowable deductions and not being overtaxed.
Have you bought and sold shares last financial year? Share trading is easier than ever but you still need to include details on your tax return. Talk to us about your shares holdings so we can maximise your return.
If you operate a building, cleaning, courier, road freight, IT or security business, you may need to submit a taxable payments annual report to the ATO. Talk to us about whether you need to complete a TPAR, and we’ll get it ready by 28 August.
Are you spending too much time on SMSF management? It’s not easy to get all the details right, especially if your fund has changed operations over time. Talk to us about managing your SMSF investments, assets, compliance, administration, and reporting.
Company tax rates are reducing for some businesses – is yours one of them? Tax planning now can help you plan ahead for your tax liability and create effective tax minimisation strategies.
Are you making the most of allowable tax deductions? Individuals can claim for general work-related expenses as well as occupation-specific expenses and working from home.
Closely held payees must be reported via Single Touch Payroll from July 2021. Now is the time to get organised. Know how and when to report actual payments or estimated amounts to family members and beneficiaries.
Employers, there are some payroll changes this year, including new rules for casuals. Minimum pay increases from 1 July and there are some changes to awards. We can help you navigate payroll admin and look after Single Touch Payroll for you.
Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Book in your tax return appointment now and rest easy knowing it’s under control.
Prepare now for finalising STP payroll data by 14 July. Book a time with us today to check essential employee information, verify the numbers and confirm payroll categories are linked to the correct reporting fields before lodging with the ATO.