Are you a new Mum? Been out of the work force? If you are not making your full superannuation contribution, now you can catch up!
Not making your full superannuation contribution?
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Accounting
Timing of Trust Resolutions and TFN Reporting
A consistent theme this tax time is under reporting. Read on for important information regarding the timing of trust resolutions and TFN reporting.
Superannuation Guarantee treatment for leave loading
The ATO notes that there have been some issues in determining whether annual leave loading should be included as OTE and thus subject to SG.
Instant Asset Write-Off Extended to $30,000
If you are looking to purchase an asset for your business, the Instant Asset Write-Off has now been extended to $30,000, advantageous for small and medium businesses.
AUSkey is due to retire next year
AUSkey is due to retire next year and it will be replaced by MyGovID (for individuals) and Relationship Authorisation Manager (RAM) for your practice.