Superannuation Guarantee and Contractors – Are you paying super for your sole trader contractors?
(Download PDF) This blog focuses on the outcome of MWWD v FCT 2020 https://www.ato.gov.au/law/view/document?docid=JUD/2020ATC10-553/00001 It is worthy of a blog because it drives home two very important points that are regularly ignored because ‘everyone else is doing it’. So here it is in black and white: Point 1 – A payer can still have a …
The $150K Immediate Writeoff – Clever Trick
LAST UPDATED – January 18 2021 (Download PDF) Time to start thinking about whether you would like to take advantage of the $150,000 (increased from $20,000 on 29th January, 2019) immediate tax deduction before the end of the financial year. Though it will still be available up to 30th June, 2022. The threshold varies depending …
Act Now To Claim Jobmaker Hiring Credits
Many More Businesses Entitled to Stimulus Cash but the ATO is Pretending Not to Notice
Download PDF Small Business can Receive Jobkeeper and Cashflow Boost even if only made Sales after 31st December 2019 – ATO Admits it is Wrong but Refuses to Fix their Guidance. The Taxation Ombudsman has released a report on certain circumstances where small businesses have been incorrectly denied Job Keeper (JK) and the Cash Flow …
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