This one gets up my goat…………. Lobby your local member about the ATO getting into the spirit of Christmas to allow the boss to claim the cost of the annual Christmas party as a business expense.
Currently the situation is up to $300 per employee is EXEMPT from Fringe Benefits tax BUT, is not a tax deduction……………..
Originally posted in December 2018 Newsletter
Understanding the 2026/27 tax rates and offsets is essential for effective financial planning and ensuring you pay the right amount of tax. Whether you're an employee, sole trader, investor, or retiree, staying up to date with the latest tax brackets, thresholds, and...
Disclaimer for External Distribution Purposes: The information contained in this publication is for general information purposes only. Professional advice should be obtained before acting on any information contained herein. The receiver of this document...
Pay day super needs to be set up click here to see how to set up in QuickBooks Online This blog tells you how to process payday super each week. First you need to run your payroll and finalise it. From inside the payrun, you need to click on “Create Super Payment”...
Preparation for Pay Day Super - Mandated by Australian Taxation Office Pay Day Super is live from 1 July 2026. From 1 July 2026 you have 7 days to have the superannuation contributions for your staff arrive in their superannuation accounts. This will have...
As 2025 draws to a close, we’d like to thank you for your continued trust and support. This final newsletter for the year includes festive wishes, important business updates, and practical reminders to help you start 2026 on the front foot. In This Edition: Christmas...
From 1 July 2025, updated Australian tax rates will apply, bringing changes to income thresholds and tax brackets.
eInvoicing in Australia: What It Means for Your Business (July 2025 Update) by Karen McDonald July 2025 What is eInvoicing? Unlike a PDF emailed to your client, eInvoicing delivers invoices directly from your accounting system to your customer’s system. It’s secure,...
From 1 July 2024, the Australian Government’s updated individual income tax rates take effect, reflecting the Stage Three tax reforms. These changes aim to simplify the tax system and provide relief for a broad range of income earners. This page outlines the new tax...
Step 1 - Get My Gov ID It is an absolute pain to set up MyGovID. I hate it! Don’t start this process when you are short of time or a bit stressed – it just won’t work – I know first-hand! The replacement for AusKey is MyGovID. It is a business level Government...