by Keeli Cambourne | Jun 6, 2022 | News
The office said that taxpayers need to be aware of changes in circumstances that may affect what needs to be included as income or what can be claimed as a deduction. Among the most common changes for taxpayers include receiving an income support payment and changing...
by Keeli Cambourne | Jun 6, 2022 | News
The majority of losses to investment scams involved crypto investments, with $113 million reported lost this year. Cryptocurrency is also the most common payment method for investment scams. And it was people aged 55-64 years who reported the highest total losses –...
by Keeli Cambourne | Jun 6, 2022 | News
This was supported by the ANZ Job Ads index that was virtually unchanged in May with an increase of 0.4 per cent m/m. The Job Ads index remains close to the March peak, indicating significant unmet demand for labour. But Australia’s labour market is not as tight as in...
by Keeli Cambourne | Jun 6, 2022 | News
The report by Lonergan Research surveyed 1,475 Australians aged 18+ including 500 small-business owners between April 11-27 and the data was then weighted against the latest population estimates from the Australian Bureau of Statistics. Although small-business owners...
by Shared from Reliable Accountants | Jun 5, 2022 | Blog
Payments to Business Entities When it comes to cash grants paid to businesses, the ATO has confirmed that these payments (both ongoing payments and lump sums) should be included in the business entity’s assessable income. TR 2006/3 also delivers thorough guidance on...
