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.
Fringe Benefits Tax Returns are not always straightforward! Get your information ready now for lodgement and talk to us. We can assist with your FBT calculations and lodgement, to make sure you are receiving eligible concessions and exemptions. #tax
The R&D tax incentive is designed to encourage more companies to undertake research and development activities. Find out if your R&D is eligible. Get in touch today.
Feel like too much of your hard earned income is spent on #Tax? While tax is inevitable, we can review your financial affairs and ensure you’re paying only what you need to while remaining compliant. #GetInTouch to find out about our Tax Review service!
Did your business make an income tax loss in 2020? You may be eligible for the loss carry back tax offset in this financial year. Get in touch to see if your business qualifies and how to best use this refundable offset to generate cash flow.