With Christmas just around the corner, many business owners are busy planning gifts and functions as a way to thank employees for their hard work during such a challenging year. We are often asked how Fringe Benefits Tax (FBT) and Income Tax deductions apply to benefits such as Christmas Parties, gifts and bonuses.
The Taxable Payments Annual Report for the 2019/20 financial year is due on 28th August 2020.
Many residential rental property owners have had their rental income affected by COVID-19. As a result, you may be wondering what you can claim this tax time.
The Federal Government has announced a $130b JobKeeper payment to help keep more Australians in jobs and support businesses.
What possible risks could COVID 19 have on your business and how do you prepare for them?
For any discretionary trust that holds residential land in NSW, 31 December 2019 is a critical date for reviewing and potentially amending your Trust Deed.
For any discretionary trust that holds residential land in NSW, 31 December 2019 is a critical date for reviewing and potentially amending your Trust Deed.
For any discretionary trust that holds residential land in NSW, 31 December 2019 is a critical date for reviewing and potentially amending your Trust Deed.
For any discretionary trust that holds residential land in NSW, 31 December 2019 is a critical date for reviewing and potentially amending your Trust Deed.
New legislation has recently been passed which means that from 1 January 2020, employees on high incomes who receive wages from multiple employers will now be able to opt out from Superannuation Guarantee from at least one of their Employers.