Category: Taxation
Accountant’s Pain Points – How to eliminate with better workflow management
The process of recording financial transactions concerning a business is known as accounting. This complex job relating to monetary dealings of compan...
Overcome Your Tax Complications With PAYG
PAYG Installments What is PAYG Installment? Many business owners find it difficult to pay large taxes and comply with ever-changing tax-filing regulat...
A Vital SMSF Question: Individual Trustee OR Corporate Trustees?
From the last few years, the SMSF trend and statistics have not changed much in time. This includes preferences for individual trustees over corporate...
Taxable Payments Annual Report
Do you hire contractors to provide services to your clients? If yes, then you need to file a taxable payments annual report or TPAR and submit it to t...
Psst! Sniffing misconceptions for Cash and Accrual Accounting
Ever wondered about the cash accounting and accrual accounting? Have ever thought of the basics of the types of accounting. Any variants between accru...
How Are Taxes Exempted for Disaster Relief Payments?
After several discussions with the federal government, the federal government has made amendments to the disaster affected people. The government has ...
Sole Purpose Test: Tax Conditions for Eligibility
Every SMSF has to necessarily meet the sole purpose test to get eligible for tax concessions which are normally available to the super funds. This mea...
What ATO Services Are Accessible to Everyone?
ATO is a platform managed centralized for all your taxes and Superfund’s maintenance. All you need is to have a valid myGov Account Linked with ATO ...
A Brief About the Additional ATO Services
ATO acts as a central control for all the tax-related and other related financial services. The linking of the myGov account greatly helps to get upda...
All about Taxable Payments Annual Report (TPAR)
After knowing about the Income Tax Returns, it becomes very important to lodge the Taxable Payments Annual Report by August 28 of every year. This app...