Articles
Stay compliant with our expert articles on Australian Tax & Accounting. Find latest laws, best practices, and strategies for managing taxes and finances.
Understanding Fringe Benefits Tax in Australia
Understanding Fringe Benefits Tax in Australia. Employers often provide perks like cars or loans as part of a total compensation package. However, the Australian Taxation Office (ATO) imposes a...
FBT for Small Business: What You Need to Know to Stay Compliant
FBT for Small Business: What You Need to Know to Stay Compliant. As a small business owner, you’re probably familiar with the various tax obligations that you need to comply with. One such...
Taking Money Out of Your Private Company: How to Avoid Division 7A Penalties
Taking Money Out of Your Private Company: How to Avoid Division 7A Penalties. Why You Can’t Simply Take Money Out of Your Company? As a business owner, you may be wondering why you can’t just take...
Unlock the Benefits of a Bucket Company: Maximise Tax Savings and Protect Your Assets
Unlock the Benefits of a Bucket Company: Maximise Tax Savings and Protect Your Assets. What can you do to maximise profits and minimise tax burden for your trust-operated business? Are you making a...
Key tax due dates for Construction Trade Professionals for 2024
Key tax due dates for Construction Trade Professionals for 2024. As a tradesperson running your own construction business, as an electrician, plumber, or bricklayer, you need to manage your tax...
Rental property tax considerations for property investments
Rental property tax considerations for property investments. Cameron recently bought a coastal property in Byron Bay, listing it for short-term rentals while managing his construction business in...
Instalment Activity Statements (IAS) for Individuals & Businesses
Instalment Activity Statements (IAS) for Individuals & Businesses. What is an Instalment Activity Statement? An Instalment Activity Statement or IAS is a pre-printed document sent out by the...
Maximising Your Returns: Exploring the Benefits of Franked Dividends in Australia
What is a Franked Dividend and How does it work?. Franked vs unfranked dividends — When the company issuing the dividend has paid tax, the investor who holds the shares will receive a franked...
ATO Client to Agent Linking: Protecting Your Financial Security
ATO Client to Agent Linking: Protecting Your Financial Security. If you're thinking about changing accountant, it's important you're aware of recent changes the Australian Taxation Office (ATO) is...