Spend a few hours tidying up your finances over the summer break to save time when the new year picks up speed. Here are some tips from a tax accountant.
Blogs
Latest STP updates in Xero
Is your business up to date with Single Touch Payroll? Here’s what you need to know about the next round of requirements for small business in Australia.
Should you go electric to minimise tax?
Electric cars are becoming more mainstream but is switching to an electric vehicle or fleet the right move for your business in terms of tax deductions?
How tax debt can impact your loan application
Recent changes mean business owners with unpaid tax debt may not be able to take out a home loan. Find out if you may be impacted.
The COVID tax holiday is over
Got a letter from the tax office? It is now taking action to reclaim debt from small businesses. Here’s why the pressure is back on.
Five expenses to make sure you’re paying for through your business account (so you can claim the costs)
These are some tax-deductible expenses that business owners often overlook. Make sure you share them with your accountant.
ATO payment plans explained
How do you arrange a payment plan with the Australian Tax Office and what are the interest
rates involved if you go on a plan like this?
Director penalty notice changes in 2022
If you have tax debt, work with your tax accountant to make sure you avoid being issued with a Director Penalty Notice from the ATO.