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
News
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
Top Tax Tips – 21 June
Issues that attract the ATO’s attention The ATO warned that family businesses displaying the following types of “red flags” may … Continued
Top Tax Tips – 14 June
Reduced corporate tax rate and imputation problems For the year ending 30 June 2017, the company tax rate is calculated … Continued
Top Tax Tips – 7 June
Simpler business activity statements (BAS) from 1 July 2017 From 1 July 2017, all small businesses with a GST turnover … Continued
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
Top Tax Tips – 24 May
Special current focus on cash-only businesses As part of the ATO’s campaign against businesses operating in the cash economy, the … Continued
Top Tax Tips – 11 May
Tax treatment of insurance proceeds Recently Nexia Australia assisted a client who owned a rental property that suffered considerable flood … Continued