Treasurer Jim Chalmers presented the Labor governments 2023-24 budget last night. At the heart of the budget, the low-income earners of Australia were earmarked as there was a focus on
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The ATO is currently owed around $66 billion. Nearly all of this amount is validly owed to the ATO – that is it is undisputed. It simply has not been
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Did you know that you can be liable to make superannuation contributions on behalf of people that are not your employees? This can be so even if a person describes
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There are less than two months before the end of the 2023 financial year. May is a good time to start planning for your year end strategies. It is a
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There are almost 3 million companies in Australia and many are used by small businesses to trade and for others, companies act as a trustee for a discretionary family trust
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Taxes can be quite complex with different types of taxes such as income, GST, and property taxes, each with their own set of rules and regulations. Moreover, these taxes can
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What is Single Touch Payroll Phase 2? In the 2019-20 Budget, the Federal Government announced that they would be expanding Single Touch Payroll (STP). This expansion, known as STP Phase
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The Tax Office recently made an important change to the way many people will claim a tax deduction for working from home. For the current year of income, and future
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If you want to ensure the financial health of your business, it is essential to keep a close eye on your finances. Accounting is at the heart of any business
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Keeping on top of your cashflow is even more important during tough economic times. With rising inflation, cost of living pressures and supply chain challenges still evident, cash is likely
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