Miscellaneous

ATO Impersonation Scam Update

By Warren Kruger / October 15, 2019 / 0 Comments

  | | | According to the July 2019 ATO impersonation scam report: 6,179 online scam reports were received in the first month of their new online reporting form going live; 6,645 phone scam reports were officially recorded, and 465 phishing scam emails were reported to reportemailfraud@ato.gov.au; 520 taxpayers provided scammers with their personal identifying […]

Read More

Fixing Incorrectly Issued Excess NCCS Determinations

By Warren Kruger / July 23, 2019 / 0 Comments

  | | | The ATO has recently identified a system error that inadvertently led them to issue incorrect pre-dated excess non-concessional (superannuation) contributions (‘NCCs’) determinations to clients. The ATO will extend the election due dates for all affected clients, so this issue will not disadvantage them, and will not take default action in relation […]

Read More

Car Parking Threshold For 2020 FBT Year

By Warren Kruger / July 19, 2019 / 0 Comments

  | | | The car parking threshold for the FBT year commencing on 1 April 2019 is $8.95 (replacing the amount of $8.83 that applied in the previous year commencing 1 April 2018). QUESTIONS ABOUT CARPARKING THRESHOLD FOR FBT? CALL (08) 9248 8124 NOW OR SIMPLY FILL IN THE FORM BELOW

Read More

Trustee Obligations On The ATO’s Radar: TFN Reports

By Warren Kruger / July 19, 2019 / 0 Comments

  | | | The ATO is currently reviewing adherence to certain trustee obligations, including the lodgment of Tax File Number (‘TFN’) reports for TFN withholding for closely held trusts. Beneficiaries are required to quote their TFN to trustees to avoid having tax withheld from payments or unpaid present entitlements, and trustees must lodge a […]

Read More

How Does Capital Gains Tax Work?

By Warren Kruger / February 15, 2019 / 0 Comments

| | | Capital gains tax is the tax paid on the gain of the sale of a capital asset. Capital assets such as real estate or shares, when sold, need to be declared in your tax return. The gain or loss is determined by the selling price of the asset less the purchase price. […]

Read More

How to Get the Most Out of Your Day

By Warren Kruger / February 5, 2019 / 0 Comments

| | |   Time Management & Self-Management is extremely important to ensure you are getting the most out of your day. Whether it be at work or home, you can apply the same principles to be your best version of YOU every day. There are a few ways you can get the most out […]

Read More
Share
Call Now Button

Need Help With

Your Tax Return?

Complete the form below for a fast response