We are tax professionals with extensive training and recognized by the peak professional bodies. We do all types of tax compliance works such as income tax returns, good and services tax, capital gain tax, fringe benefit tax, payroll tax, land tax, ATO reviews and audits. Our consultants will handle your matter from start to finish, and if you have any queries, simply in touch with us, we will find a solution for you.
Income tax concessions for build-to-rent developments
Income tax concessions for build-to-rent developments Measures announced in the 2023–24 Federal Budget to encourage investment and construction in the build-to-rent (BTR) sector are now law. Currently, a tax deduction is available on the cost of constructing of a...
ATO guidance updated for working from home deduction
ATO guidance updated for working from home deduction The Australian Taxation Office (ATO) has issued new guidelines to help you in making a claim for running expenses using the fixed cost method, while working from home from 1 July 2024. Under this guidance, the ATO...
ATO occupation and industry guides to help you to work out the expenses you can claim.
ATO publishes occupation and industry guides to help you to work out the income and allowances to declare and the expenses you can claim. https://www.ato.gov.au/individuals/income-and-deductions/occupation-and-industry-specific-guides/ Rules for claiming a work...
Most commost common examples of tip-offs to the ATO
Weekend “cashies” are a risk: most common examples of tip-offs to the ATO Demanding cash from customers, paying workers “cash in hand”, or not declaring all sales are the most common examples of the 43,000 tip-offs received by the ATO in the 2021–22 financial year....
Work-related COVID-19 tests tax deductible
Work-related COVID-19 tests tax deductible The government has clarified that work-related COVID-19 test expenses are tax deductible and exempt from fringe benefits tax. Legislation will be introduced to make clear that COVID-19 test costs (including for Polymerase...
Temporary full expensing available until 30 June 2023
Temporary full expensing available until 30 June 2023 New legislation from the government has extended the temporary full expensing rules to 30 June 2023. This legislation was originally announced in the 2021 Federal Budget. This letter is to provide you with a...
2021 COVID-19 business grant
2021 COVID-19 business grant Announced on 13 July 2021 – Applications commenced 19 July 2021 and close on 13 September 2021 Announced as part of the 2021 COVID-19 support package, the support grant is intended to help certain businesses by alleviating cashflow...
Information on the COVID-19 Disaster Payment
Client impact statement: COVID-19 Disaster Payment increased for extended lockdown On 3 June 2021, the Prime Minister announced that a COVID-19 Disaster Payment would be made available for eligible individuals. Further announcements across July 2021 outlined increased...
NSW Job Saver Grant
JobSaver grant for 2021 greater Sydney lockdown Announced on 13 July 2021 — Applications commenced 26 July 2021 and close 18 October 2021 An economic stimulus package is now available for businesses in NSW who are located in a Commonwealth Government declared hotspot....
ATO warns against “copy/pasting” 2020 work-related claims
ATO warns against “copy/pasting” 2020 work-related claims The ATO is warning taxpayers against “copying and pasting” their previous year’s claims for work-related expenses without evidence. The ATO is recommencing its focus on overclaiming of work-related expenses...