by Ben Smith | Jul 15, 2022 | Uncategorised
You should ensure that you understand what records are needed for your business and make accurate and complete record-keeping practices a part of your daily business activities. Talk to your tax adviser about what records your business needs to keep and for how long....
by Ben Smith | Jul 15, 2022 | Uncategorised
As a business owner you can claim a tax deduction for expenses for motor vehicles, including fuel. The Government has put together this information for the 2022-23 financial year. MOTOR VEHICLES From 1 July 2022, the following car threshold amounts apply for the...
by Ben Smith | Jul 15, 2022 | Uncategorised
From 1 July 2022, the base SGC rate increases from 10% to 10.5%, and the $450 minimum monthly earning threshold is removed. This means all payments are subject to superannuation for all eligible employees. For our clients, this might mean you may need manually update...
by Ben Smith | Jul 15, 2022 | Uncategorised
The Government has recently announced an additional 50,000 older Australians will be eligible for a Commonwealth Seniors Health Card from 1 July 2022. The income test for access to a Commonwealth Seniors Health Card will increase to $90,000 yearly for singles (up from...
