News
News
Input tax credits denied due to lodging BASs late
October 10, 2022
The Administrative Appeals Tribunal (AAT) has held that a partnership’s entitlement to $16,361 of input tax credits claimed for the quarterly periods of 1 July 2012 to 31 March 2017 had ceased by the time the associated BASs were lodged with the ATO on 21 June 2021, and therefore the ATO did not need to […]
Banking business income to a private account
October 10, 2022
The ATO has stated that it has "no concerns" with business owners banking their business takings or other sales in private accounts, but that this may become an issue when this income isn't reported.
Sessional lecturer entitled to superannuation support
August 26, 2022
The Federal Court has agreed with the ATO that a lecturer providing services to a higher education provider was a common law employee and therefore entitled to superannuation support, despite being engaged as an independent contractor. The ATO reviewed the situation and concluded that the lecturer was entitled to receive superannuation support. This was on […]
Tax time focus on rental property income and deductions
August 26, 2022
The ATO is focusing on four major concerns this tax season when it comes to rental properties
Pandemic Leave Disaster Payment reinstated
August 26, 2022
Federal Government has agreed to reinstate the ‘Pandemic Leave Disaster Payment’ to 30 September 2022
ATO’S SMALL BUSINESS FOCUS FOR 2022 INCOME YEAR
July 14, 2022
ATO’S SMALL BUSINESS FOCUS FOR 2022 INCOME YEAR
ATO updates ‘cents per kilometre’ rate for individuals
July 14, 2022
The ATO has updated the cents per kilometre rate relating to individual car expenses for the 2023 income year to 78 cents per business kilometre.
PDH CLIENT ALERT: ACTION REQUIRED BY ALL DIRECTOR’S – FINES APPLY
May 4, 2022
PDH Accounting Services act as ASIC agent for one or more companies of which you are a Director, and we must hold your DIN on file.
Penalties for overdue TPAR
April 21, 2022
The Taxable payments annual report (‘TPAR’) must be lodged by 28 August each year.