Although the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs is a great initiative it is important to remember that it is just that, an announcement and not yet law. And, given the Government is in caretaker mode for the Federal election, we …
More details: Proposed 120% deduction for skills training & technology costs Read More »
Parents, you have the power to shape your child\’s relationship with money. So, it’s never too early to start talking to our children about where money comes from, how to budget, how to spend wisely and how to set savings goals. Here we’ve put together a series of tips for teaching your children to be …
Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations. These letters are a warning shot and should not be ignored. The director penalty regime ensures that directors are personally liable …
Attention Directors: Check any ATO penalty notices Read More »