Are you operating a small or medium sized business?
What happened? Australia essentially has a two-tier tax system – one certain set of tax rules exists for “big” businesses, and … Continued
News
Top Tax Tips – 8 Nov 2017
Single touch payroll compulsory from 1 July 2018 if you have 20 or more employees The Single Touch Payroll (STP) … Continued
Top Tax Tips – 20 Sept 2017
What is the difference between GIC and SIC? The ATO charges interest on unpaid tax debts and shortfall amounts. A … Continued
Top Tax Tips – 9 August
Building & construction businesses to report payments made to contractors by 28 August 2017 Taxpayers operating in the building and … Continued
Top Tax Tips – 19 July
Blowtorch on deductions in respect of residential investment properties from 1 July 2017 Treasury recently released draft legislation to give … Continued
R&D Tax Incentives
The Research and Development (R&D) Tax Incentive provides an opportunity for eligible companies to access claims for costs associated with … Continued
Applying AASB 15 Revenue
The new revenue standard, AASB 15, has the potential to change the way some entities recognise revenue from their customers. In … Continued
Save time with our tax return checklist
Nexia Edwards Marshall has prepared a tax return checklist to assist Individuals with the compilation of information for the preparation … Continued
Top Tax Tips – 12 July
4% Uplift in PAYG instalments PAYG and GST instalments are calculated by reference to a taxpayer’s most recently lodged income … Continued
The $20,000 instant asset write-off and small business entity (SBE) threshold changes
What happened? The less than $20,000 instant asset write-off will be extended to 30 June 2018 Small business entity threshold … Continued