Late Tax Return? No Problem! With the countdown of ‘end of financial year’ finished for another year and accountants everywhere busy calculating income tax returns for their clients all over Australia, but EOFY is not only a reminder for the next tax year, it’s also a timely reminder (for those of […]
When it comes to tax, it pays to be aware of upcoming changes and one of the changes that take effect this month is the removal of tax deductibility of non-compliant PAYG payments. What has changed? From 1 July 2019, you can only claim deductions for payments you make to your workers […]
Do you have a previous year’s tax return that’s overdue? Perhaps you have several you are avoiding? Don’t worry, it is never too late to lodge! If you earn more than the tax-free threshold you’re required to lodge a tax return (under circumstances) you are also required to lodge if you make less). There are […]