by Ali Saab | Jul 27, 2023 | Articles
The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions. Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for expenditure...
by Ali Saab | May 24, 2023 | Articles
Disclaimer The information contained herein is provided on the understanding that it neither represents nor is intended to be advice or that the authors or distributor is engaged in rendering legal or professional advice. Whilst every care has been taken in its...
by Ali Saab | May 24, 2023 | Articles
The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses. The ATO’s assessment, based on previous data matching programs, is that there is a tax gap of around $1 billion from incorrect...
by Ali Saab | May 24, 2023 | Articles
The Australian Taxation Office (ATO) made Single Touch Payroll Phase 2 mandatory at the beginning of last year. As of January 2022, businesses of all sizes must comply with STP Phase 2 when reporting their payroll data. Key data fields that must now be included as...
by Ali Saab | May 23, 2023 | Articles
As Australian businesses pivot towards distributed digital teams, the key to making it work lies in data-driven decisions. Although useful, the range of technology and skills available makes choosing the right ones for the job can be difficult. Technology drives our...
by Ali Saab | May 23, 2023 | Articles
With over 2.5 million businesses operating in Australia, success is never guaranteed. Something new business owners often ask is: what’s so special about those that do make it past the infamous first 2 years? Although every business operates differently, we notice...