by Ben Smith | Nov 23, 2021 | Accounting & Audit, Business Intel, Financial Planning, SMSF Specialists, Tax & Estate Planning
Over the next four weeks starting 25th November onwards, MYOB products will be undergoing upgrades to transition to the New Essentials platform. This upgrade includes features such as Connected Ledger, Connected ledger + payroll, Essentials Accounting Starter,...
by Ben Smith | Oct 21, 2021 | Accounting & Audit, Business Intel, Tax & Estate Planning
8 October 2021 Due to the ongoing economic impacts of COVID-19 on large parts of Australia, particularly those States and Territories that have had to endure lengthy lockdowns throughout the year, the ATO has announced the extension of various COVID-19 relief for SMSF...
by Ben Smith | Oct 21, 2021 | Accounting & Audit, Business Intel, Tax & Estate Planning
15 October 2021 Taxpayers that have received gifts or loans from overseas families and relatives beware. The ATO is currently scrutinising these types of transactions as it continues to encounter instances where Australian taxpayers have failed to declare offshore...
by Ben Smith | Oct 14, 2021 | Business Intel, Tax & Estate Planning
14 October 2021 Relevant for NSW ONLY – The requirements set out in this communication are subject to change. With the NSW Government releasing the new Public Health Order effective 11 October 2021, we wanted to provide an update to our valued clients and...
by Ben Smith | Oct 8, 2021 | Business Intel, Tax & Estate Planning
1 October 2021 The ATO continues to run the medium and emerging private groups program under the umbrella of the Tax Avoidance Taskforce. Many don’t know that this program has a low threshold and targets individuals and their associates, controlling the wealth between...
by Ben Smith | Oct 8, 2021 | Business Intel, Tax & Estate Planning
29 September 2021 The $250 non-deductible threshold for self-education expenses could soon be a thing of the past. The government is finally following through on its promise to remove the threshold with the introduction of a recent Bill into Parliament. Following the...
