Collins Hume1 day agoTax Time Targets — RecordkeepingWith tax season upon us the ATO has revealed its four areas of focus this tax season. We start with recordkeeping requirements.
Collins Hume5 days agoAccountant Spotlight: Joel LaceyAs another numbers whiz, Intermediate Accountant Joel is on his way to helping business owners understand their financials.
Collins HumeJun 5What’s changing on 1 July 2022?We look at the ample number of changes coming into force from 1 July 2022.
Collins HumeMay 23Can I claim a tax deduction for my gym membership?Can you claim a deduction for your gym membership? The administrative appeals tribunal clarifies.
Collins HumeMar 14Trusts and Trust DistributionsThe ATO released guidance that targets how trusts distribute income. Many family groups will pay higher tax as a result of this new approach
Collins HumeMar 4Additional flood assistance — watch for updatesWatch this post for updates and additions as our team locates and verifies further sources of disaster recovery information.
Collins HumeFeb 28Commonwealth assistance for NSW, QLD flood victimsResidents in 26 flood-affected LGAs across NSW and Queensland can apply for financial support via Services Australia from 1 March.
Collins HumeFeb 28Disaster Recovery PaymentFinancial help for people directly affected by a natural disaster event, such as flooding, in disaster declared areas.
Collins HumeJan 16‘Backpacker Tax’ and the High CourtThe High Court has ruled that the ‘backpacker tax’ is discriminatory. We look at the impact.
Collins HumeNov 21, 2021Spotlight on overseas gifts and loansThe ATO is particularly concerned about schemes and arrangements designed specifically to circumvent Australian tax laws.
Collins HumeNov 10, 2021Tax and the Normalisation of CryptocurrencyThe Australian Taxation Office recently updated its guidance on tax and cryptocurrency.