2023 Tax Checklists
To make life a little bit easier for our clients, we provide checklists that you can download, print and complete when getting your information ready. To download our 2023 tax checklists, please follow the
Read More2023 HECS-HELP Debts – Indexation Set for 1 June
Government assistance for students in the form of HECS-HELP debts are indexed to CPI each year on 1 June. Over the past 10 years the indexation of these balances has not caused concern as
Read MoreThe Extreme Cost of Paying Super Late
Superannuation Guarantee (SG) payments for employees are due on the 28th day after the end of each quarter. The penalties for making this payment late are severe and rigorously enforced by the ATO. Even if
Read MoreATO Interest Rates Hit a 10 Year High
Whilst the RBA and banks have been making headlines with 10 interest rate rises in a row the ATO have quietly been increasing their General Interest & Shortfall Charges. From 1 April the ATO have
Read MoreFBT Exemption on Electric Cars – An opportunity for business owners
FBT Exemption on Electric Cars The Government has announced a proposal to exempt 100% of the Fringe Benefits Tax (FBT) payable on the provision of an electric car to employees in certain circumstances. If the
Read MoreChanges to Fuel Tax Credits
Changes to Fuel Tax Credits From 29th September the fuel tax credit rates have changed and there are multiple rates that may apply to your September BAS which is due on the 25th November 2022.
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