Posts

Financial year-end preparation

What’s changed and what’s new?

It has been a year of recovery for Australian businesses, with the country achieving some of the best economic outcomes in the world.

While there have been disruptions, there have also been additional allowances and tax changes designed to assist businesses.

Stay on top of your obligations with this helpful […]

Last Minute Tax Minimisation Tips

6 Final reminders of how to reduce tax for 2020

EOFY Reminders & Action Items

As a business owner, there are many obligations that you need to consider and action just before and after 30 June.

Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. […]

On-Farm Drought Resilience Grants

Agriculture Victoria

Increased drought assistance being provided to Victorian farmers

The Victorian Government through Agriculture Victoria of the Department of Jobs, Precincts and Regions (Agriculture Victoria) has established the On-Farm Drought Resilience Grant Program to assist eligible farm businesses to invest in on-farm drought preparedness and to seek business advice.

A grant of up to […]

Stress less if you have nothing to confess

ATO closing tax gaps

As part of the ongoing focus on closing tax gaps, the Australian Taxation Office (ATO) are scrutinising every tax return lodged and are on the lookout for incorrect claims this tax time.

Assistant Commissioner Karen Foat is assuring taxpayers who are doing the right thing, and only claiming what they’re entitled […]