Deny deductions for ATO interest charges
The cost of tax debt will likely increase from 1 July 2025. The Government has proposed that all taxpayers will no longer be able to claim a deduction...
01/01/2023
Read OnEnergy Efficiency Grants for SMEs program $10,000 to $25,000
Energy Efficiency Grants for SMEs The Federal Government is delivering a further $41 million in Energy Efficiency Grants (EEG) for small and medium enterprises (SMEs) to improve energy...
01/01/2023
Read On2021 COVID-19 Business Support Grants for lockdown-impacted businesses in Queensland
Your business maybe eligible for financial support through the 2021 COVID-19 Business Support Grants. $5,000 grants will be made available to small and medium businesses across Queensland affected by...
01/01/2023
Read OnHow to claim two deductions for the same vehicle
If you are a husband and wife couple and both salary and wage earners, then if you both have to undertake business related travel and are required to...
01/01/2023
Read OnHow to Hire the Best Tax Accountants in Helensvale : 5 Important Tips
You may be aware of the taxes if you are a business owner or an investor. However, having a tax accountant minimise the taxes and tax returns will...
01/01/2023
Read OnImportant Information on Upcoming Director ID Changes
ASIC Important Changes to Director ID Obligations Changes to Australia’s business registers are being introduced to make them easier to use and more accurate What you need to...
01/01/2023
Read OnJobKeeper Eligibility
The JobKeeper legislation has been passed by the Commonwealth Parliament. The JobKeeper scheme will allow eligible employers to apply to the Australian Taxation Office (ATO) to receive wage...
01/01/2023
Read OnJobKeeper payment enrolment process is now open with the ATO
The JobKeeper legislation was passed by the Commonwealth Parliament. The JobKeeper scheme will allow eligible employers to apply to the Australian Taxation Office (ATO) to receive wage subsidies...
01/01/2023
Read OnJobMaker Hiring Credit passed
On 11 November 2020, the JobMaker Hiring Credit (“JobMaker”) was passed. JobMaker is an incentive for businesses to employ additional job seekers. Eligible employers will have access to...
01/01/2023
Read OnLow and middle income earner tax offsets to be hit in 2023 financial year
The low and middle income tax offset (LMITO) ceased on 30 June 2022. As a result, low to middle income earners may see their tax refunds for...
01/01/2023
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