All The Changes Coming 1 July 2024
With the End of the Financial Year for 2023-24 fast approaching, new laws will be enacted come 1 July 2024. We’ve compiled a list of all the changes for individual
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Category: End Of Financial Year
5 Tips to Prepare for the End of Financial Year
The End of the Financial Year for 2022-23 is fast approaching, and we know how overwhelming it can get. That’s why we’ve compiled 5 quick ways for you to feel
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Start planning now for financial year end
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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ATO takes aim on lifestyle assets
The Australian Tax Office (ATO) have now extended its lifestyle assets data matching program for the 2020-21 financial year through to 2022-23. This allows the ATO to acquire insurance policy
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Individual Tax Lodgement Frenzy
After last year’s record-breaking amount of lodgements received by the ATO on 1 July, the ATO stated they will not begin the full processing of 2021 tax returns until 7
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Cryptocurrency transactions are not tax free
Cryptocurrency Crackdown by the ATO before tax time ATO analysis reveals that amid the pandemic and growing interest in cryptocurrency, more than 600,000 Australian taxpayers have invested in crypto assets.
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ATO Crackdown on work related expenses
Work From Home & Travel Expense Claims The ATO has urged all taxpayers that personal expenses, such as coffee, tea and toilet paper are not directly related to earning income
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Tax Planning 2021 – Business Owners
Call to Action – Reduce your tax in 2021 Tax Planning 2021 The end of the 2021 financial year is fast approaching – this is a crucial time for
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2020 Federal Budget Summary
The Federal Government last night made announcements aimed at stimulating the Australian economy in the aftermath of the coronavirus pandemic and the bush fire season – which many may
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