For the March 2016 BAS and onwards, you can: use the rate that applies at the end of the BAS period work out your litres based on the cost of the fuel purchased. You clients can also use a range of…

By now,  we should all be aware of the current provisions relating to Director Penalty Notices, regarding reported and un-reported ATO debt. But you may not appreciate the ATO is able to issue a Director Penalty Notice against a director…

Just a reminder to make sure you do a backup of you iPhone/iPad before you do the upgrade to the latest operating version. The best way to do this is to physically plug your phone into your PC/MAC and open…

Tip of the week. Use Command + Control + Space. Doesn’t work in all apps.

At a recent address to in Sydney, the Commissioner said that in the next month or so, there will be a new look and feel for the whole ATO website including a new homepage for business with a simplified layout…

Increase to threshold levels for PAYG  From 1st July, the GDP adjustment used to work out quarterly PAYG instalment amounts will be 3% (down from 4% last year) Indexation of HELP and HECS  HELP (HECS) contributions thresholds have had their annual threshold…

Just a reminder that Group Certificates should be completed by 14 July and sent to ATO and the PAYG Annual Payment Summary is due by 14 August.

The ATO change fuel tax credit rates regularly. The six-monthly rate indexation was recently increased. To find out what the change is and to make sure you use the latest rates visit the ATO Fuel Tax Credits page or contact…

Are you considering moving to a new Bookkeeping System?  And need to convert to/from MYOB to XERO or from Quicken to MYOB/XERO or to transfer from/to any other accounting system. There are many things to consider and at this stage…

The ATO app now has more features to help you keep on top of your tax and super. Depending on your device, you can set reminders for key lodgment and payment dates. Check if your suppliers’ ABN details are current and…