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Archive for category: Tax

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2015 Tax Checklists

Our 2015 checklists have now been uploaded to our website.  Go to Resources, Taxation Checklists to download them and start getting your information ready for your 2015 return.

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( Posted in: Tax )

2015/16 Variation Checklist

Our 2015/16 Variation Checklist is now uploaded to our website. if you have not already done so, now is the time to request a 2015/16 PAYG Withholding Variation. A new variation must ......

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( Posted in: Tax )

The Tax Implications of Subdividing your Backyard - API Article

Subdividing your PPOR (principal place of residence) is a strategy we often get asked about. If you’re thinking about going down this path, there’s a lot to consider before making your decision.

There are many different strategies with different outcomes, depending on whether you’re planning to sell the part with the house, or the vacant land, or build and move in, build and rent out or .....

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( Posted in: Tax )

2014 Checklists

Our 2014 checklists have now been uploaded to our website.  Go to Resources, Taxation Checklists to download them and start getting your information ready for your 2014 return.

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( Posted in: Tax )

Have you claimed your baby bonus for a child born between 1 July 2001 - June 2004?

If you have not yet claimed your baby bonus for the birth of your child (or adoption) born between 1 July 2001 and June 2004, you have until 30 June 2014 to do so. To make a claim you will need to ...

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( Posted in: Tax )

From 1 July 2013 The ATO Will No Longer Issue Refund Cheques

From 1 July 2013 the ATO will no longer be issuing cheques for income tax refunds (for any year lodged)  and you will only be able to receive your refund electronically through your bank .....

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( Posted in: Tax )

Medical Expenses Tax Offset

As 30 June approaches it may be a good idea to review your medical expenses for the year-to-date to see how close you are to the threshold.  This is particularly important for individuals or families who consistently ...

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( Posted in: Tax )

ASIC fines for late payments

We can not stress enough how important it is to pay your Annual ASIC Fee on time! If you are just one day over the set deadline you will automatically receive a late payment fine, currently the initial fine is $70.00, if you fail to pay this, then you receive another substantial fine - $222.00! Last week, a couple of our clients .....

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( Posted in: Tax )