tax accounting

Category: tax accounting

Melbourne tax reform

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

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 ...
champagne

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. ...
salary sacrificing

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 ...
questions

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 ...
vaccine

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 ...
tiger

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 ...
dog in camping chair

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 ...
Facebook

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 ...
globe

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 ...