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Knox Tax News




Christmas Closure Dates

Knox Taxation – Closure over the Christmas Break

  “It’s beginning to look a lot like Christmas. Toys in every store…”  It’s officially the final week before Christmas shenanigans begin – Eek! For many of us, this means a lot of last minute shopping, cooking, present wrapping and of course, chocolate and pudding eating… But, before you head off on your holiday fun,…

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How You Can Start Planning For Your 2017/18 Tax Return

EOFY is always a very busy time for us, with our incredible team of Accountants being in high-demand. Therefore, if you’re ready to come in for your end of year tax appointment, please book in now. The later that you leave it, the less likely that you will secure your preferred date. It won’t be long before…

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As Tax Time Nears….An ATO Scammer Appears!

I’m sure that most of you are aware that tax time is around the corner. But did you know that this is also a very popular time for ATO Scammers? Recently, it was National Scam Awareness Week. It came at a very convenient time reminding us to be aware and careful of threat-based impersonation scams…

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Look out! The ATO is Cracking Down – Company Cars & Fringe Benefits Tax

Do you drive a company car or own a company registered vehicle? If so, please take note of the Fringe Benefits Tax (FBT) updates highlighted below. The Australian Tax Office (ATO) have recently warned about tightening-up on their approach towards people who own vehicles through their businesses – particularly, employers and tradies. Even if your…

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Changes to Personal Super Contributions & Deductions

Note: This information is for people who: Make personal super contributions from their income after tax (this does not include contributions made under a salary sacrifice arrangement and compulsory super paid by your employer), and Want to claim a deduction for these contributions.   Since the 1st July 2017, the eligibility rules for claiming a…

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BEWARE! MyGov Accounts – What the ATO doesn’t tell you…

As you may have read in our last blog article, as of the 1st of April all businesses were required to count the number of current employees on their payroll in preparation for the Single Touch Payroll (STP) updates. If you haven’t read the article and would like to get up to speed, click here.…

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IMPORTANT UPDATE – Single Touch Payroll (STP)

As of Sunday last week (1st of April, 2018), all businesses were required to count the number of current employees on their payroll. This is in preparation for the introduction of Single Touch Payroll (STP) updates by the 1st of July 2018. If you missed this deadline and haven’t counted your employees yet, you can base…

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PRIVACY POLICY IMPORTANT UPDATES – Are you protected?

Knox Taxation & Business Advisory, in Boronia, wishes to advise you that, as of the 22nd of February, 2018, any Australian businesses that fall (or have fallen) victim to a data breach causing a risk of serious harm to individuals, or has received a high level of media attention, must notify the Office of the…

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Annual Break at Knox Taxation & Business Advisory

Knox Tax is delighted to have been able to work with you throughout the year. We would like to thank you for allowing us to be of service and wish to advise you that our office will be unattended for a two week period. Our last day for 2017 will be 22nd December (office closure 11am),…

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Exciting Staff Upgrades at Knox Tax

Knox Taxation & Business Advisory, in Boronia, have two new recruits to help you grow your business. In addition to our already exceptional team of Accountants (including Simon, Judy, Kyle and Coral), we are in a position to help you with your advanced taxation and specialist business advice issues in even stronger ways than before!…

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