Top Tax Tips – 31 May
Do you know all the concessions that not-for-profit organisations are entitled to? An eligible not-for-profit (NFPs) organisation may be entitled … Continued
Do you know all the concessions that not-for-profit organisations are entitled to? An eligible not-for-profit (NFPs) organisation may be entitled … Continued
Special current focus on cash-only businesses As part of the ATO’s campaign against businesses operating in the cash economy, the … Continued
Tax treatment of insurance proceeds Recently Nexia Australia assisted a client who owned a rental property that suffered considerable flood … Continued
This year’s federal Budget handed down last night, 9 May 2017 did not contain the hefty measures of last year’s … Continued
The importance of knowing if your worker is a contractor or an employee Employers must know whether their workers are … Continued
GST on low value goods Currently an Australian tax resident purchasing goods costing $1,000 or less (i.e. low-value goods) from … Continued
Prepare for Single Touch Payroll Under the new Single touch payroll (STP) system, employers will be able to report salary … Continued
No 10% withholding if vendor is an income tax exempt entity As reported in previous Top Tax Tips and Nexia Updates, … Continued
Certain companies can claim a tax offset for expenditure incurred on R&D activities. The aim of this offset is to … Continued
The 2017 FBT year is almost at an end As mentioned in an earlier Top Tax Tips, the 2017 FBT … Continued