From 1 November 2021, if you have new employees start, you may have an extra step to take to comply with choice of fund rules if they don’t choose a super fund. You may now need to request their ‘stapled super fund’ details from us. A stapled super...
From November 2021,all directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation will need a director identification number (director ID). A director ID is a unique identifier that a director...
The October newsletter topics include compensation payments received in your SMSF, CGT consequences when using part of your home as a place of business, inheriting rental properties jointly and more. Please refer to the attachment for further information...
The September newsletter topics include guidance in relation to employee travel expenses, Self-Managed Funds and property development investments, trust distributions to non-residents and more. Please refer to the attachment for further information and...
The August newsletter topics include Superannuation reforms and what it means for members, capital works deductions for rental properties, discretionary trusts distributions and more. Please refer to the attachment for further information and should you...
If your business makes payments to contractors or subcontractors you may need to lodge a Taxable payments annual report (TPAR) by 28 August each year. The taxable payments reporting system aims to create a level playing field – to...
WORKING FROM HOME RECORDS: The ATO is once again reminding clients that are continuing to work from home during the 2021-2022 income year to keep records of the hours worked from home as well as keeping receipts for all items purchased. For further information...
Please find attached the Lodgment rates and thresholds guide for 2021-2022. Should you have any queries, please do not hesitate to contact our office. Download PDF
The July newsletter topics include avoiding mistakes in preparing business returns, claiming clothing and laundry expenses, winding up a Self-Managed super fund and more. Please refer to the attachment for further information and should you have any...