Making things easier. Designed to make the super contribution process much easier, the Small Business Superannuation Clearing House (SBSCH) is a superannuation payment service (administered by the ATO) made available [...]
All individuals with an accumulated (HELP) debt earning about $45,000 are now obliged to pay at least 1% of their income to the Australian Taxation Office (ATO). This is to [...]
A recent Parliamentary Inquiry into Tax Deductions created some fairly sensational headlines. How much deductions were claimed? - $22 billion worth to be exact. In Australia, tax deductions are available for [...]
Single Touch Payroll (STP) – the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO – comes into effect from 1 July 2018. For [...]
The cash sitting in your superannuation fund (super) can be tempting, particularly if you are short of cash. But the reality is, there are very few ways you can take [...]
An issue that many business owners and investors will need to grapple with is uncertainty on the tax rate that applies to companies for the year ended 30 June 2018. The [...]
