our latest news

Day: 9 January 2014




The ATO are becoming more strict on under-reported income

ATO new credit and debit card matching project. Have you disclosed all of your income correctly?  Don’t wait until 30th June to rectify any anomalies. Contractors and Sub-contractors are being targeted in a new crackdown by the ATO, and they will be cross-matching businesses and payments between those of whom have worked for one another. The…

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ATR – Federal Budget. Headline Announcements that may impact you and your business.

The Federal Budget has tax implications that you should be aware of.  Here’s the latest news!  Check to see what affects you. INDIVIDUALS Deficit Levy – From 1st July, 2014, a deficit levy will be imposed on individuals with taxable incomes exceeding $180 000. From this date, the top marginal tax rate will increase by…

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