Blog

July 8, 2016

Super Co-Contributions

The super co-contribution is intended to aid eligible people to increase their retirement savings. If you are considered as low or middle income earner and make […]
July 8, 2016

Home Office Expenses

You can claim deduction for • Cost of room utilities such as gas and electricity • Business phone cost • Decline in value of office plant […]
July 8, 2016

ATO Unpaid Debts

Australian Taxation Office (ATO) have been getting tougher and taking stronger measures when a taxpayer repeatedly defaults on the ATO payment arrangement plans. ATO stronger action […]
July 8, 2016

Federal Budget 2014 – The Good News & the Bad News

There is a small relief for the companies in last night’s budget; Treasurer Joe Hockey has announced the cut in the company tax rate from 30% […]
July 8, 2016

Luxury Car Tax

Luxury Car Tax (LCT) is applied @ 33% on luxury cars sold or imported provided that value of the car exceeds the luxury car threshold. LCT […]
July 8, 2016

Tax Changes from 1st July 2014

Tax Changes from 1st July 2014 • From 1st July 2014, taxpayers earning more than $180,000 and over will be taxed on additional 2% temporary budget […]
July 8, 2016

Fringe Benefit Tax

New FBT rate and gross-up rates will apply from 1 April 2014. New FBT rates are as follow • 2015 FBT rate is 47% which is […]
July 8, 2016

Xero Accounting Software

Xero is online accounting program that’s been devised for small to medium size organizations. It makes handling the financial health of the enterprise much more clear, […]
July 8, 2016

Dependant (Invalid & Carer) Tax Offset (DITCO)

DICTO is a non-refundable tax offset available to those who contribute to the maintenance of a dependent unable to work due to invalidity or carer obligations. […]