PAYROLL TAX & ‘TENANCY AGREEMENTS’ In March, we wrote about recent developments affecting the application of Payroll Tax to ‘tenancy agreements’. These arrangements are common-place in
TAXABLE PAYMENTS ANNUAL REPORTS If your business provides: And you engage contractors in your business, you may be required to lodge a Taxable Payments Annual Report (TPAR).
On the 30th of April, the Federal Government announced the ‘Small Business Energy Incentive’ that will provide businesses with less than $50m turnover an additional 20% tax deduction for
On the 4th of September, the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023 was introduced into the House of Representatives. The Bill seeks to make quite
On the 6th of September, the Australian Bureau of Statistics (ABS) released the Australian National Accounts: National Income, Expenditure & Product for the June 2023 quarter. The
Back in September 2022 we wrote about 2022 Federal Budget announcement that will require not-for-profit entities that self-assess as eligible for an Income Tax exemption, to lodge
With the festive season approaching, many organisations will be planning end of year celebrations with their teams. In many instances, a festive season event can
On Tuesday the 7th of November the 163rd Melbourne Cup will be run. Dubbed ‘the race that stops a nation’, the Melbourne Cup is perhaps
In the 2023/24 Federal Budget, the Government announced an intention to require employee superannuation contributions to be paid on payday from the 1st of July
It is common for taxpayers who use discretionary trusts to make distributions of trust income to corporate beneficiaries. It is also common for those distributions