2018/19 FEDERAL BUDGET – BUSINESSES
The Federal Budget did not deliver much to businesses other than the extension of the immediate asset write off [...]
SINGLE TOUCH PAYROLL
From 1 July 2018 employers with 20 or more employees will now need to use 'Single Touch Payroll' enabled software to [...]
SMALL BUSINESS ENTITIES [SBE] (WITH AGGREGATED TURNOVER OF LESS THAN $10.0M)
From 1 July 2016 you are considered to have a small business entity (SBE) if you are a sole [...]
MULTINATIONAL TAX
Diverted Profits Tax To Be Introduced A 40% diverted profits tax (DPT) on the profits of multinational corporations that [...]
COMPANIES & SMALL BUSINESS
Increased Turnover Threshold For Small Business Income Tax Concessions The small business entity turnover threshold will be increased from [...]
SUPERSTREAM
Recent government changes to implement stronger super reforms now means all businesses need to adapt the way superannuation contributions [...]
TAX PLANNING & YEAR END MATTERS – BUSINESS
Businesses In General For businesses there are a number of matters that you should give consideration to before the [...]
2015 FEDERAL BUDGET – COMPANY TAX
Company Tax Rate Company tax rate will reduce from 30% to 28.5% with effect form 1 July 2015. However, [...]
2014 YEAR END PLANNING FOR BUSINESSES
As another financial year comes to an end, it is important to review the business operating position for the [...]
2015 FEDERAL BUDGET – OTHER BUDGET MEASURES
Other Budget Measures Other measures announced in the Budget that may be of interest include: Re-introduction of the bi-annual [...]