What is Novated lease? Being in the market for a new car, you could consider certain finance options such as taking out a personal loan or drawing down on a mortgage. However, have you ever thought of a novated lease? A novated lease is a form of salary packaging that...
For people who fall into the category of high-income earners, saving their money for retirement via super is a wise strategy. In addition to this, you have to pay attention to the “division 293 tax.” To know more about division 293 tax, take a look at the below...
The parliament approved legislation for COVID-19 stimulus and support measures. Most of the stimulus initiatives are being administered by ATO. The compliance deadline remains regardless of the fact that either the payments have delayed or waived. The transitional...
Including Australia's acts, four Australian governments provided their own stimulus packages formally issued. A description of the main payroll tax concessions in answer to COVID-19 from all States and territories is given below. Payroll Tax Concessions - COVID-19...
The Accounting during the difficult times are there to provide assistance and positivity in businesses. Being an entrepreneur, the key element to focus now a days in the times of downturn is to resist with the tough times that sets business up to be a rapid turning...
Income tax returns impacted by the coronavirus in Australia(COVID-19) The outbreak of COVID-19 is affecting the employees and the businesses and the economies and also the domestic and global economies. According to the tax professionals, coronavirus disruptions are...
Coronavirus is arising along with many difficult challenges for businesses in Australia. The dramatic pace at which coronavirus (COVID-19) is spreading, has disturbed communities and businesses all around the world. Many organizations all over the world are coming...
Tax accountants are the financial experts who perceive the rules and regulations mandated by the authorities which examine the money owed to state or local agencies and are also known for scrutinizing, reporting and giving guidance on issues related to taxation to...
Every Detail Of Role Of Tax Accountant You Should Know Tax accountants are skilled people with the proper knowledge of tax legislation and regulation so that they can assist the clients at the time of making tax payments. Their efficiency does not just keep you...
Federal Budget 2019, the coalition government has introduced amendment income tax cuts, that are creating on the personal income tax plan as per the 2018 Federal Budget. The Australian Tax Office (ATO) collects the income tax, which is applicable to working...