Category: tax accounting
The Howard government was the last to make any real tax reform
The Howard government’s incentive based GST tax policy was Australia’s last substantial tax reform that stood the test of time. Why? Because it increased ...
Prison! The consequence of failing to lodge tax returns and BAS
A Western Australian doctor, has been sentenced to seven months in jail for failing to lodge 18 income tax returns and business activity statements ...
What costs more than champagne and Chanel No.5 perfume? Ink!
At $8296 per litre, standard black HP ink for your home printer costs more than champagne, designer perfume and human blood according to Choice. ...
What is salary sacrificing and is it for me?
It sounds like some sort of sacrificial ritual for your paycheck, but don’t worry it’s neither complicated nor sinister. Salary sacrificing is simply asking ...
Top 5 questions to ask your accountant at tax time
Here are the top 5 questions that you should be asking your accountant, tax or business advisor during tax time. Are you a registered ...
Not taking a risk can sometimes be the biggest risk
Sometimes, choosing not to take a risk can pose the biggest risk. This rings true with the COVID-19 vaccine in Australia. Many who can’t ...
The dangers with share buy-backs
Many businesses find operating through a company structure is attractive as the profits are taxed at a flat rate of 26% (if turnover is ...
Australians don’t support high taxes
Following successive election losses, Labour has done a complete 180-degree flip on tax. They now support tax cuts for individuals earning up to $200,000 ...
How to post on your Facebook business page
Facebook has over 3 billion monthly active users. 12 million in Australia. 2.2 billion use it through their phone. Women between 18 – 24 ...
15 per cent global minimum corporate tax rate
A new proposal for a 15 per cent global minimum tax rate by 2023 has been approved by the G20 finance ministers. The objective ...