Cash flow boost for businesses in response to Covid-19 outbreak
Business Owners Have Unique Tax Advantages
Welcome, Bryan Payne Accounting!
Taxable Payments Annual Report
Federal Budget 2017 – Company Tax Rate
Changing Economic & Political Climate
Tearing the Sheets Means Keeping the Spreadsheets
Divorce is a word that hits hard. It’s much more fun to talk of weddings, anniversaries, birthdays, and the building of families and fortunes.
Tax Newsflash
Changes by the ATO affecting the 2016 Individual Tax Return: New reporting rules for claiming new tax discount for individuals with income as sole traders, partners & beneficiaries New guidelines for claims for mobile/home phones, internet and electronic devices New ruling for landlords of units, flats, apartments claiming deductions for common property but crackdown on repairs & interest claims New rules streamlining car expense claims methods New reforms limit claims for key offsets – dependant spouse, zone and medical expenses Crackdown on work related and self-education claims Other changes relating to residency, dependant & invalid carer tax offset and Medicare levy concessions & exemptions
Roll-over Relief for Small Business
In the 2015-16 Federal budget the Government announced the introduction of a new form of roll-over relief for small business as part of the Growing Jobs and Small Business Package.