Do you need to review your Financial Plan?
Are you on track to retire well? Do you have enough insurance in place to protect your loved ones, but not too much which could be costing you unnecessarily? Is your superannuation invested [...]
Home Loan Lending – what you need to know
Whilst the Banking Royal Commission has diminished in the new headlines its affects are still being felt in the lending sector. We have had several clients comment over the past 12 months about [...]
ATO Payments – watch out for SCAMS
We have been contacted this week by a client who searched online for ATO credit card payment details. The client was directed to a replica site. Whilst the site looked real, it unfortunately was [...]
Expansion of the Taxable Payments Annual Reporting (TPAR)
From 1 July 2019, the taxable payments annual reporting scheme was expanded to include road freight services, information technology services and security, investigation or surveillance services. [...]
Single Touch Payroll (STP) Reminder
Small businesses with greater than 4 employees need to be ready to start reporting through single touch payroll by 30 September 2019. Reports need to be lodged following each pay run. If you have [...]
Risk Management
All businesses operate in an ever-changing world and need to continually assess the potential risks to their business and what measures they have in place to mitigate these risks. Your accountant [...]
Small Business Tax Gap
The ATO has estimated the Small Business Tax Gap at $11.1 billion and the Government has given them an extra $10 million to combat the black economy. The tax gap for small business is [...]
ATO Alert – Does your SMSF have a diversified investment strategy?
The ATO has advised they have contacted approximately 17,000 SMSF trustees and their auditors at the end of August regarding the diversification of their fund’s investments. Funds which, [...]