From 4 October 2018, the Government has banned taxpayers from using electronic sales suppression tools (ESST) in all activities that relate to their Australian tax obligations.Read More
Businesses are eligible for the small business capital gains tax (CGT) concessions, provided they satisfy several conditions that are common to all concessions.Read More
Businesses with an annual turnover less than $10 million (from 1 July 2016) can claim the $20,000 instant asset write-off.Read More
When it comes to how the super death benefit is paid out, there are specific tax implications involved which affect the amount a nominated beneficiary will receive.Read More
The Government is widening the scope of Division 7A to include unpaid present entitlements from 1 July 2019.Read More
The Australian Taxation Office (ATO) has announced changes to the way GST is collected at settlement.Read More
NSW Farmers’ Drought Network has launched a page to provide service information, links to assistance and services to individuals and families conducting, directly or indirectly, primary production businesses, who are being impacted by drought conditions in NSW.Read More
From 1 July 2018 all employers of 20 staff or more will need to comply with the ATO’s new Single Touch Payroll (STP) reporting.Read More
It is never too early to focus on your tax planning in order to minimise tax, reduce risk and be prepared financially.
Effective tax planning is something that should be considered year round and making it a priority can result in you paying less tax liability. Preparing and updating a forecast of income and outgoings can also help you and your business identify times when money may be short and plan accordingly.Read More
A brief summary of the Australian Federal Budget 2018 - 2019.Read More
The latest Self Managed Superannuation update from Bush & Campbell, including: Extension of time for SMSF tax lodgement, Re-Cap of contributions for the 2018 Financial Year, Reminder to pay pensions before 30 June 2018 and more.Read More
We invite enthusiastic and highly motivated Senior Tax Accountants with advanced technical skills and a talent for being presented with a problem and being able to arrive at ‘value added’ answers for any client needs, to join our team. You will be dealing with a broad range of business entities in a variety of industries.Read More
The ATO has announced that the due date for self-managed superannuation fund (SMSF) annual returns for 2016-17 has been extended until 30 June 2018.Read More
With the fringe benefits tax (FBT) year-end just around the corner, it is a good time to review your FBT compliance to avoid raising attention from the Australian Tax Office (ATO).Read More
Unless you are in the business of rental property investing, most residential rental property investors can no longer claim a deduction for travel costs...Read More
The Australian Tax Office (ATO) is targeting privately owned and wealthy groups that display specific behaviours and characteristics in relation to their tax affairs and lifestyle.Read More
We would like to take this opportunity to wish all our clients and their families a very happy festive season.
We will be taking a short break over the Christmas period; closing on Friday, 22nd December at 12.30pm and we will re-open at 8.30am on Monday, 8th January, 2018.Read More
There’s no better time than the new year to transform your office into an ecological, environmentally-friendly space.Read More
Knowing the value of your business is critical, especially nearing the end of the year. It allows you to enter the new year with an informed understanding of the business’ worth and potential.Read More
The holiday season is a time in which many employers look to thank their employees for their hard work throughout the year.
Employers will often plan a work Christmas party, or decide to give their staff a Christmas gift to show their appreciation.Read More