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
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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
Guide to the Federal Budget 2017
This year’s federal Budget handed down last night, 9 May 2017 did not contain the hefty measures of last year’s … Continued
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
Top Tax Tips – 19 Apr 2017
Prepare for Single Touch Payroll Under the new Single touch payroll (STP) system, employers will be able to report salary … Continued
Top Tax Tips – 12 Apr 2017
No 10% withholding if vendor is an income tax exempt entity As reported in previous Top Tax Tips and Nexia Updates, … Continued
Lodge your 2016 R&D claims by 1 May 2017 (in lieu of 30 April 2017)
Certain companies can claim a tax offset for expenditure incurred on R&D activities. The aim of this offset is to … Continued
Top Tax Tips – 29 March
The 2017 FBT year is almost at an end As mentioned in an earlier Top Tax Tips, the 2017 FBT … Continued