ATO’s small business focus for 2022 income year The ATO announced that it will be focussing on the following matters for small business tax returns for the 2021/22 year: – Deductions that are private in nature and not related to business income, as well as overclaiming of business expenses (especially for taxpayers running a home-based […]
Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Book a your tax return appointment now and rest easy knowing it’s under control.
This year it’s important to get your records and tax return correct because of the continued unusual business circumstances. Talk to us and we’ll help make tax time easy and make sure you’re claiming all that you can for your business.
Are you making the most of allowable tax deductions? Individuals can claim for general work-related expenses as well as occupation-specific expenses and working from home. Book a time to prepare for your 2022 tax. We’ll help maximise your return.
Thinking about starting or changing a business? We’ll make sure you have the appropriate tax registrations.
We’ll help you manage and plan for the relevant taxes your business will need to pay and we’ll claim the right tax concessions.
ATO support for businesses in difficult timesThe ATO has reminded taxpayers that it has a range of support available for small businesses experiencing difficult situations, such as natural disasters, mental health challenges or financial hardship. COVID-19 vaccination incentives and rewardsThe ATO has reminded employers to consider their tax and super obligations when employees are provided […]
Do you understand your personal income tax, what you have to declare, and how much you can claim?
We can help get your taxable income correct, maximise allowable deductions and get the best tax return.
Get your books in order now for your monthly activity statement due on the 21st. We can help make sure you are ready for lodgement day. Talk to us. #smallbusiness
Have you considered operating your business through a ‘family trust’ (if you don’t already do so)?