• Business News

    February 18, 2019

    Focus on small business

    What the ATO is seeing in the small business market

    On 2 November 2018, the Deputy Commissioner of Small Business, Deborah Jenkins, delivered a keynote address at a conference run by a national accounting body outlining the main tax issues the ATO is seeing in small businesses.

  • Business News

    November 19, 2018

    Borrowing from your business? Find out how you might be triggering the Division 7A rules

    Are you a shareholder or associate of a private company?

    Does your company have a distributable surplus at the end of the income year?

    Do you borrow or use business assets for your personal use and enjoyment?

    If you answered yes to any of these questions, then the legislative provisions of Division 7A of the Income Tax Assessment Act 1936 could potentially affect you.

  • Business News

    September 15, 2018

    It’s tax time 2018! What you need to know about the key changes

    It’s that time of year again – tax return time!

    Before you complete your tax return for 2018, here are some key dates, changes and information that you should be aware of in case they affect you.

  • Business News

    June 4, 2018

    4 Federal Budget tax measures that impact your business

    Small and medium sized businesses received a bit of attention from the Government in this year’s 2018-19 Budget.

  • Business News

    February 6, 2018

    The small business $20,000 instant asset write-off extended… time to go shopping!

    The small business write-off threshold of $20,000 has been extended to 30 June 2018 and is available to all small businesses with an aggregated turnover of less than $10 million. After 30 June this year, the threshold will reduce to $1,000.

  • Business News

    November 13, 2017


    • New rules for accessing the 27.5% corporate tax rate from 1 July 2017
    • When does a company carry on a business? ATO releases guidance
    • Small business tax concessions at a glance
    • Deductions for small business
    • Safe harbour reforms for company directors
    • Tax consequences of trust splitting
  • Business News

    September 1, 2017


    • It’s Tax Time 2017! What you need to know about the key changes
    • What’s new for small businesses
    • Taking care of business
    • ATO protecting honest business
    • ATO
  • Business News

    June 13, 2017


    • The end of the financial year is coming!
    • 2017-18 Federal Budget small business measures
    • 2017-18 Federal Budget GST measures
    • Tax integrity in the Black Economy
  • Business News

    May 18, 2017


    • Housing affordability measures
    • Individuals
    • Small business
    • Superannuation
  • Business News

    February 6, 2017


    • Credit and debit card debt, online selling and ride sourcing data matching
    • Simpler reporting with Single Touch Payroll
    • ‘Black Economy’ Taskforce
    • Targeted amendments to Division 7A
  • Business News

    November 1, 2016
    • Your small business may be entitled to a lower tax rate
    • Single Touch Payroll
    • 2016 PAYG withholding schedules
    • Reminder: GST cross-border changes started 1 October 2016
    • Superannuation reform packages
  • Business News

    August 31, 2016

    In this issue

    • It’s Tax Time 2016! What you need to know about the key changes
    • Simplified depreciation rules for your small business clients
    • New tax rules for property sales over $2 million
    • Division 7A
    • Tax implications for the sharing economy
    • Changes to CGT treatment for certain earnout rights