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 Australian Taxation Office (ATO) each month which applies to you if you deal...
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 dividend with a franking credit attached to it. The franking credit is a...
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 introducing that will impact you. As of 13 November 2023, the ATO has...
Understanding Division 293 tax: Impact on high-income super contributions
Understanding Division 293 tax: Impact on high-income super contributions. If you're a high-income earner, understanding the Division 293 tax and its impact on your super contributions is crucial. This tax, also known as Division 293 tax, imposes an additional...