by Keeli Cambourne | Jun 21, 2022 | News
One of the major points of interest for the ATO this tax year will be small-business deductions that are private in nature and not related to business income. It will also be looking for those that overclaim business expenses (especially for taxpayers running a...
by Keeli Cambourne | Jun 21, 2022 | News
However, first home buyers have been given a boost with the reform of the stamp duty tax that Institute of Public Accountants’ general manager technical policy, Tony Greco called a “bold move”. Mr Greco said that after 20 years of failed federal attempts to improve...
by Keeli Cambourne | Jun 21, 2022 | News
The latest ACCI-Westpac Survey of Industrial Trends showed that business conditions are expanding and gaining momentum in the June quarter, but manufacturers’ ability to respond to rising demand is being curtailed by acute labour and material shortages. “These...
by Keeli Cambourne | Jun 21, 2022 | News
The government would also deliver relief to small and medium-sized businesses through payroll tax cuts that will see more than 12,000 businesses with payrolls under $10.4 million save up to $26,000 per year. Queensland Employment and Small Business Minister, Di...
by Shared from accountantsdaily.com.au | Jun 21, 2022 | News
The GIC rate rises from 7.07 per cent to 8 per cent for the July to September quarter while the SIC goes from 3.07 per cent to 4 per cent for the same period. These increases come after the RBA raised the cash rate by 50 bps two weeks ago to 0.85 per cent, following a...
