Top Tax Tips – 26 Apr 2017
GST on low value goods Currently an Australian tax resident purchasing goods costing $1,000 or less (i.e. low-value goods) from … 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
An overseas incorporated company may still be an Australian tax resident A company that is incorporated in Australia will be … Continued
Superannuation guarantee payable only on ordinary time earnings As mentioned in a previous top tax tips, employers are obliged to make … Continued
Some timely FBT year-end reminders and strategies The FBT rate remains at 49% for the 2017 FBT year ending 31 … Continued
Real estate agents: Beware of breaching Foreign Investment Review Board rules Generally, foreign investors need permission from the Foreign Investment … Continued
ATO spotlight on R&D claims: Let us help you determine whether you are eligible Under the R&D incentive, a company … Continued