Latest News

Quarterly Superannuation Payments Deadline

Wow, didn’t that first quarter fly past!

The end of the quarter (1 July – 30 Sept) means…

Reminder: Changes to casual employment laws

Did you know that there are changes to casual employment laws coming. Please see the below…

Keeping up with the award rates

Did you know, that if you are not keeping up to date with changes in award conditions and rates,…

Spring 2021

It’s September and spring is here, providing a welcome lift in spirits. After some spectacular…

COVID – 19 Support Payments & Government Grants

Dear Clients,

With South Australia in a 7day lockdown from the 21st of July, there are…

WHAT HOME OFFICE EXPENSES ARE ALLOWED?

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…
Read more

New tax shortcut for employees working from home

With many people now working from home because of COVID-19, some of the expenses your employer…

Prespa Newsletter – Spring 2019

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…
Read more

Economic Update – September 2019

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…
Read more

The STP reporting clock is ticking: Are you ready?

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…
Read more