TOPIC
Payday Super arrives midyear. Are your clients ready?
Payday Super will mean more admin and costs for small businesses, says the IPA's Tony Greco. It's time to prepare.
ATO flags super guarantee charge deadline
“We understand that paying your employees’ super may sometimes fall by the wayside,” the ATO said. “But it’s important you know how to get back...
Tax benefits for unused ‘carry forward’ concessional superannuation contributions
In place since 1 July 2019, the ‘carry forward’ rules are: A concessional contribution is defined as a pre-tax contribution to your super fund...
Superannuation changes: Important client conversations for EOFY 2022
There are two key changes arriving in super this year that were announced as part of last year’s Federal Budget, which may cause some employers...
Getting your small business through a staff shortage
As much as the world is now reliant on technology and robots, it is now clear how having a significant portion of the population out of action...
Be alert for phoenix activity, businesses told
The assistant commissioner for the Phoenix and Evasion Program, George Montanez warned that phoenixing could occur in any industry or location,...
Count on problems with political donations, accountants told
ATO guidance defines when contributions to political parties, independent candidates and members can be claimed as income tax deductions. Read...
FBT concessions for religious institutions
The office advises a not-for-profit organisation is a religious institution that has been established to advance or promote religious purposes...
$10k Small Business Northern Flood Grant now open
The grant would provide a one-off payment of $10,000 to eligible small businesses and not-for-profits that were impacted by the floods, including...
Understanding how ‘the cloud’ promotes business growth
The cloud. As the name suggests, anything to do with ‘the cloud’ can feel ephemeral and hard to pin down, but, understanding cloud-based...
ATO urges vigilance following new scams approach
The fake TFN and ABN services are often advertised on social media platforms like Facebook, Twitter, and Instagram. The advertisements offer to...
