Blog

FILTER BY

Apr 10, 2024

Recently, the ATO updated its small business benchmarks to encompass the 2021-22 income year. While the ATO promotes these benchmarks as an aid for small businesses to enable them to compare ...

Mar 18, 2024

FBT electric vehicle home charging rate

Since the introduction of EV incentives by various state governments to encourage the uptake of EVs and other zero emissions vehicles, the market share of EVs has significantly increased from around

Feb 13, 2024 Employee vs contractors: new rules

Following on from two prominent High Court decisions in Construction, Forestry, Maritime, Mining and Energy Union v Personnel Contracting Pty Ltd [2022] HCA 1 and ZG Operations Australia Pty Ltd

Jan 9, 2024

New ASIC enforcement priorities 2024

With the end of the year fast approaching, ASIC has announced its enforcement priorities for 2024. While ASIC’s enduring priorities of market integrity, protecting financially vulnerable consumers,

Dec 3, 2023

ATO pauses debts on hold campaign

https://www.youtube.com/watch?v=4G-Tqfa0h44 In response to community feedback and perhaps negative commentary in the media, the ATO has announced it is pausing its “awareness campaign around tax

Dec 3, 2023

Employer SG obligations: annual report

Each year the ATO releases a report containing the latest annual statistical results for employer super guarantee (SG) compliance and obligations, and this year is no exception. According to the

Nov 15, 2023

International businesses and GST

https://youtu.be/N6AqclwWpqA?si=3Nmy_1ahx0pB38aH International businesses that have sales connected to Australia over a certain threshold may need to register and pay GST in Australia. This applies

Oct 7, 2023

ATO crackdown on TPAR lodgements

The ATO has reminded relevant taxpayers to lodge their Taxable Payments Annual Report (TPAR) by the annual deadline or as soon as possible. It notes that the deadline for each year is firm and those

Oct 7, 2023

Have you outgrown your current software?

As your business becomes more complex, so does the requirements of your accounting solution. Small accounting software like Xero or MYOB AccountRight provides basic accounting functionality which is

Sep 4, 2023

Car expenses: using the cents per kilometre method

The cents per kilometre method is a simple way to work out how much you can deduct for car-related work or business expenses. Only individuals, including sole traders, or partnerships (where at least

Sep 4, 2023

Does GST apply to crypto-assets?

As digital currency becomes more common-place in a business context both in terms of trading and using such assets for payment in Australia, one question that commonly arises for those businesses

Sep 4, 2023

Small business bonus deduction: technology investment

https://youtu.be/D5Qxx_sxzxg?si=082-tZwV0repUkUg Small businesses can access a 20% bonus deduction for eligible expenditure incurred on business expenses and depreciating assets for the purposes of

Jul 16, 2023

Budget 2023: What’s In It For Small Businesses?

The 2023 Budget has been handed down by Treasurer Jim Chalmers. In addition to the cost-of-living and welfare measures leaked ahead of the Budget, the government also released new measures relating

Jul 12, 2023

Budget 2023: What’s in it for me?

https://www.youtube.com/watch?v=3Aa2fK8xc3U&t=5s On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023–2024 Federal Budget, his second Budget, which follows the October 2022

Jul 12, 2023

Instant Asset Write Off: Is Your Business Eligible?

https://www.youtube.com/watch?v=w6Q6WDrfXno What is the instant asset write-off? Eligible businesses can claim an immediate deduction for the business portion of the cost of a depreciating asset

Jul 12, 2023

More ATO Data-Matching This Tax Time

Taxpayers beware, this tax time, the ATO will be using all its data-matching capabilities in multiple areas to ensure that individuals are paying the correct amount of tax. In addition to the

Jul 12, 2023

Small Business Lodgement Amnesty Reminder

The ATO has reminded eligible small business taxpayers to take advantage of the lodgment penalty amnesty program announced in the recent 2023-24 Federal Budget. It applies to tax obligations covering

Jul 12, 2023

Updated Residency Tests

https://www.youtube.com/watch?v=FxgGqNOPNmM The ATO has finally released its long-awaited ruling on individual residency which outlines the ATO’s latest views on whether an individual is

Apr 16, 2023

Bramelle Partners joins the IR Global Network

Bramelle Partners has been accepted to the IR Global network which provides Bramelle Partners clients with access to a multi-disciplinary professional services network that provides legal,

FIRST 1 2 3...8

LAST