If you want your website to… Convert more browsers into buyers Generate more leads for your business Clearly communicate the problem your product or service solves Must watch webinar – https://storybrand.com/replay/ (if the above link stops working please try this link https://player.vimeo.com/video/644984236?title=0&byline=0&portrait=0&autoplay=true
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Don’t let the ATO’s Christmas Grinch spoil your Work Christmas Party If you hold a Christmas party for your employees and associates you need to be aware of Fringe Benefits Tax (FBT) and also know what is and isn’t tax deductible. This article also covers Client Christmas party tax implications. Entertainment – How
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What you need to know? Business Structure Pros and Cons How is income distributed? ASIC Agent – registration of business and name Company Incorporation Trust Establishment
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If we do not have access to your accounting software we need be given some key information. Therefor to make sure the preparation of your return goes as smoothly as possible and so that it is lodged in a reasonable timeframe, it is essential to have the necessary paperwork ready to upload or email to
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If you’re doing your own tax return, your lodgment due date will be: 31 October – if you run your business as a sole trader, partnership or trust. 28 February – if your business is a company, but there are some exceptions so double check your due date. If you lodge through a tax agent:
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Fringe Benefit Tax – Car Calculator by the ATO – click here
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Division 40 – Plant and equipment refer to items that are fixtures and fittings, usually known as easily removable assets. Any items that cost below the instant asset write off / full expensing provisions and that do not form part of a group, can be immediately written off. All other Plant and Equipment above the
Depreciation – ‘Division 40 – Plant and Equipment’ Vs ‘Division 43 – Capital Works’ Read More »
A claim for repairs and maintenance is fully deductible in the year the cost occurred. However be carful because there is a fine line between ‘repairs and maintenance’ and ‘replacement of old with new’. A replacement of old with new is classed as an new asset / improvement and will need to be depreciation over
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Entertainment Fines Provision for Annual Leave and Long Service Leave Provisions for Bad Debts Unpaid Superannuation, only paid superannuation is deductible.
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Small business benchmarks are a guide to help you compare your business’s performance against similar businesses in the same industry. The ATO release updated benchmark ratios each year. The most recent data is from the 2018–19 financial year. https://www.ato.gov.au/Business/Small-business-benchmarks/In-detail/Benchmarks-A-Z/https://www.ato.gov.au/business/small-business-benchmarks/
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