The Accounting Division Blog
How does listing my home on Airbnb affect my tax?
Millions of Australians are now using the “sharing” economy to earn some extra money on the side. Thanks to smartphones and user-friendly apps, people can
ATO benchmarks – a handy business check-up
The ATO’s business benchmark data is a useful tool for smart business owners. Learn how you can access these benchmarks to judge your business’ performance
Small business tax concessions
Businesses that satisfy a certain turnover threshold may qualify as a small business entity. The advantages of being a small business entity includes access to
Getting your small business ready for STP reporting
Have you sorted out Single Touch Payroll (STP) arrangements for your small business? If not, it’s time to get cracking! From 1 July 2019, STP
Super guaranteed
Are you paying the right amount of super for your employees? It’s that time of the year again, where the Australian Bureau of Statistics (ABS)
State governments’ further COVID-19 support
With the ongoing nature of the COVID-19 pandemic continuing to affect the economy along with the effect of border closures, it is no surprise that
21/10/2022: IGTO report on ATO handling of objections
The Inspector-General of Taxation and Taxation Ombudsman (IGTO) has recently released its latest report on the initial review of the ATO’s handling of objections by
Last chance to claim the loss carry back
Eligible businesses will have one last chance in their 2021-22 tax return to claim the loss carry back, which provides a refundable tax offset to
Do I need a budget?
Happy New (financial) Year!! The beginning of a new year is a great time to not only reflect on last year’s performance (and the key
Future direction of the ATO
The Commissioner of Taxation, Chris Jordan, spoke recently at a conference about what’s in store for the ATO including upcoming changes, transformations, aspirations for the