by Ben Smith | Mar 16, 2022 | Accounting & Audit, Financial Planning, Tax & Estate Planning
Small businesses and not-for-profit organisations affected by the floods in parts of Queensland and NSW will have more time to lodge their business activity statements and instalment notices with an original due date of 28 February 2022 or 21 March 2022. Those...
by Ben Smith | Feb 24, 2022 | Tax & Estate Planning
We had the absolute pleasure of hosting key note speaker Michael McQueen Wednesday 23 February in Brisbane as we celebrated the launch of our Brisbane office and achieving 70 years in business! This is the second time we have invited Michael to present at one of our...
by Ben Smith | Feb 23, 2022 | Tax & Estate Planning
The government has proposed to make COVID-19 tests, both rapid antigen and polymerase chain reaction tests, tax deductible for individuals where they are purchased for a work-related purpose. It has also proposed to make the costs of these tests exempt from FBT for...
by Ben Smith | Feb 16, 2022 | Tax & Estate Planning
Federal Parliament has passed legislation to extend the temporary full expensing measure introduced in the 2020-21 budget by a further 12 months. Rather than ending on 30 June 2022, eligible businesses will now be able to take advantage of the incentive until 30 June...
by Ben Smith | Feb 11, 2022 | Financial Planning, Tax & Estate Planning
If you’re a retiree and the current rise in cost of living and inflationary pressures are starting to bite, don’t turn to high interest loans, if you meet certain eligibility criteria, you may be able to access the Home Equity Access Scheme (previously known as the...
by Ben Smith | Feb 11, 2022 | Business Intel, Tax & Estate Planning
If your business has had issues paying your tax debt due to the ongoing effects and uncertainty surrounding the COVID-19 pandemic, remember that the best option is to engage with the ATO to manage those debts. Failure to get in touch with the ATO to come to an...
