If you performed some of your work from your home office during the 2020 financial year, you may be able to claim a deduction for the costs you incur in running your home office, even if the room is not set aside solely for work-related purposes COVID-19 IMPACT – NEW ARRANGEMENTS The Australian Taxation Office…
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It’s September and spring is in the air. It’s time to shake off the winter cobwebs, get out into the garden or the great outdoors. It’s also a good time to plan your summer break. August was a challenging month for investors. Global markets reacted negatively to an escalation in the US-China trade war and…
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Australia’s All Ordinaries Index and ASX200 finally broke through their 2007 record highs set before the GFC. The RBA held the cash rate at the current a record low on 1.00% while acknowledging that Australia can expect an extended period of low-interest rates, with the possibility of further cuts. We also look at the other…
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The STP regime is a key part of the ATO’s plan to digitise and streamline tax and super reporting, and it intends to make the reports a normal part of doing business in Australia. But many small business owners are only now starting to realise just how much this new online reporting regime will affect…
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Dear valued clients, With the new financial year beginning its time for businesses to consider their goals, KPI’s and setup for the new financial year. As it is the end of financial year an online checklist will be sent out to our clients this week, please refer to and complete your checklist early to avoid…
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Treasurer Josh Frydenberg has delivered a ‘back in the black’ Budget aimed squarely at voters, stressing the Morrison Government’s commitment to financial discipline and low taxes. As expected, the Treasurer signaled sweeping tax cuts and major infrastructure spending if the Coalition wins the upcoming federal election widely expected to be held in May. This largesse…
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All the important happenings in every person life are worth sharing. Travels, school or work achievements, including, of course, your growing business or career. One great tool in keeping up to date with your loved ones is through social media. But, everything has its own consequences. There are certain information that can expose you to dangers and threat…
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