News

Re-contribution of COVID-19 early release super amounts

April 21, 2022

Individuals can now re-contribute amounts they withdrew under the COVID-19 early release of super program
Cents per kilometre deduction for car expenses – 2023 income year

April 21, 2022

The ATO has proposed for individual taxpayers that use the cents per kilometre method when calculating tax deductions for their work-related car expenses, that the rate per kilometre for the income year starting 1 July 2022 (the 2023 income year) will be 75 cents per kilometre. This is an increase from the 72 cents rate […]
Reminder of March 2022 Quarter Superannuation Guarantee (‘SG’)

April 21, 2022

Employers are reminded that their SG obligation for the 1 January 2022 to 31 March 2022 quarter is due by 28 April 2022.
2022-2023 Budget Measures that are now law

April 21, 2022

A measure that will no doubt be beneficial for individual taxpayers is the increase in the Low and Middle Income Tax Offset (‘LMITO’) for the 2022 income year by $420. The LMITO is a tax offset which reduces an individual taxpayer’s tax liability.
COVID-19 Vaccination Incentives and Rewards

February 17, 2022

The ATO has reminded employers to consider their tax and super obligations when employees are provided with incentives or rewards for getting their COVID-19 vaccination.
NSW 2022 Small Business Support Program

February 15, 2022

There will be an additional NSW State Government support grant, available from mid-February 2022, to assist businesses with the impacts of the Omicron COVID -19 strain.
ATO Intensifies Debt Recovery Actions

February 15, 2022

When Covid-19 struck in 2020, the Austrlian Taxation Office (ATO) put a halt on it's debt recovery action. But that is no longer the case, with the ATO debt recovery team back in action.
ABN ‘intent to cancel’ program

December 10, 2021

The ATO is reviewing Australian business numbers ('ABNs') to identify potentially inactive ABNs for cancellation
Super is now following new employees

December 10, 2021

The ATO is reminding employers that, as of 1 November 2021, there is an extra step they may need to take to comply with the choice of super fund rules.

We're trusted by our clients,

and you can trust us too.

We'll help you navigate the taxation minefield.