News Archives

If you're a business owner with employees, then it's important to know that Single Touch Payroll is now applicable to all businesses, irrespective of size. Businesses need to get ready for reporting their super information. This month we explore what this means for your business.

As a nation with an innovative history, Australia certainly lags the rest of the world when it comes to R&D spend, but we are also equally lax at claiming the R&D Tax Incentive. As the deadline for registering is 30 April, now is the time to speak to your accountant so that you can get your lodgement ready.

Finally, we look at a recent appeal heard by the Full Federal court on temporary accommodation overseas potentially being a 'permanent place of abode', look at new penalties for dodgy sales tools and we explore what legislation is now in limbo with the Federal Government going into caretaker mode.

As always, if you have any queries, contact our team on 9957 4033.

	Single touch payroll extended to all employers All employers will need to be implementing single touch payroll from 1 July 2019, no matter how big or small your business.
	Investing in R&D? Lodge your activity by 30 April Australian businesses have until 30 April to register their research and development activity.
	Temporary accommodation overseas can be a permanent place of abode A recent decision by the Australian Federal Court has been overturned on appeal, following a determination on how what constitutes a 'permanent place of abode'.
	$1m penalties set to kick in for dodgy sales tools Clients who possess electronic sales suppression tools will have just over three weeks to come clean before $1 million penalties kick in.
	Legislation in limbo A budget and an election – what does it mean for legislation due before Parliament?
	Benefits during emergencies exempt from FBT Businesses who pitch in to assist their employees during an emergency or unexpected event such as a bushfire are likely to be exempt from FBT.

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Disclaimer

This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.