EOFY: Five things to do before June 30 to maximise your tax refund
The COVID-19 crisis has thrown many businesses into uncharted waters, but it's not too late to do some urgent tax planning. Here's Adrian Raftery's advice.
JobKeeper will end in fewer than 100 days: Here’s what you need to know
JobKeeper is approaching its twilight days and with almost one million businesses set to be kicked off the program in September, there's plenty to keep in mind.
JobKeeper: Tax office grants additional time for some sole traders to report income
The ATO will give some sole traders extra time to lodge their 2018-19 income tax returns, in order to apply for JobKeeper payments.
Tax-time warning for SMEs: How always focusing on June 30 can blur your long-term vision
SMEs that always keep an eye on the approaching tax man risk failing to see the big picture and achieving long-term success, says Jun Yan of Ravit Insights.
EOFY: Ten tax changes from July 1 that small businesses need to know about
The only constant about tax is change. Here are some of the tax changes coming into play from July 1, 2020.
Government rules employee Uber rides now eligible for fringe benefits tax exemption
The government has deemed employers using ridesharing services such as Uber will be eligible for Fringe Benefits Tax exemptions.
“Keeping your eye on the cash”: Startup tips for an unusual EOFY
For startups, this EOFY, more than ever, it's all about "cash, cash, cash", says Standard Ledger founder and startup accountancy guru Remco Marcelis.
Tax-time reminder: Sole traders receiving JobKeeper and JobSeeker must declare payments as assessable income
With the end of the financial year looming, sole traders are being reminded to declare JobKeeper and JobSeeker payments to avoid nasty bills down the track.
Running your business from home? There’s a tax trap you need to know about
Are you considering giving up your leased commercial business premises to instead run your business from home? If so, there could be important CGT implications down the track.
Working from home? Here’s what you can claim in your tax return
With many Australians working from home during the coronavirus pandemic, tax time will be a different affair this year. Here’s what you need to know about claiming tax deductions for your expenses while working from home.
EOFY 2020: Tax tips for SMEs and sole traders
The end of financial Year is approaching and there's plenty of changes to understand in 2020. Here are key EOFY tips for SMEs and sole traders to help you stay on top of your affairs.
Federal government to suspend indexation of GST, income tax instalments for 2020-21
The federal government will suspend the indexation of tax instalments for more than 2.2 million taxpayers will be suspended in the 2020-21 financial year.