2020-09-23T10:11:00+10:0016th June 2020|Accounting, News, Superannuation, Taxation|
The Government has resurrected the Superannuation Guarantee (SG) amnesty giving employers that have fallen behind with their SG obligations the ability to “self-correct.” This time, however, the incentive of the amnesty is strengthened by harsh penalties for those that fail to take action.
The super guarantee amnesty is a one-off opportunity to correct
2020-04-30T18:33:38+10:0030th April 2020|Accounting, COVID-19|
The JobKeeper payment has been established to assist businesses impacted by the COVID-19 as a subsidy from the Government to continue paying their employees. Eligible employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a period of 6 months.
Eligibility for an Emp
2020-04-28T11:01:10+10:009th December 2019|Accounting|
The rise of cryptocurrencies have grown in popularity with Bitcoin trading just under US$7,400 – up from just US$1,000 at the beginning of 2017 which is why a number of rules and regulations have been introduced.
Cryptocurrencies have been with us for a while now and there are a number of rules and
2020-04-28T11:01:05+10:009th December 2019|Accounting, Advisory|
Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land. The amendments are not only retrospective but go beyond purely vacant land.
Previously, if you bought vacant land with the intent to build a rental property on it, you may have been able
2020-04-30T16:20:00+10:0027th August 2019|Accounting, Advisory|
Last financial year, more than 8.8 million taxpayers claimed $21.98 billion in deductions for work-related expenses. It’s an area under intense review by the ATO.
AH Jackson & Co partner Emmanuel Georga said tax deductions must take into consideration the direct connection to your income, the private portion of the expense and must
2020-04-28T11:01:12+10:0027th August 2019|Accounting|
In the 2017-18 financial year, more than 2.2 million Australians claimed more than $47 billion in deductions and the ATO believes that is too much – one in ten is estimated to contain errors.
AH Jackson & Co partner Ben Odgers said what you can claim for your rental property has been significantly
2020-04-28T11:01:19+10:008th April 2019|Accounting, Advisory|
A lot of people do some sort of work from home. It might be simply answering emails on the couch or working from home a few days a week. If you do work from home, you might be wondering what you can claim come tax time.
AH Jackson & Co partner Emmanuel Georga
2020-04-28T11:01:37+10:008th April 2019|Accounting, Cloud Accounting|
Significant changes to the way small businesses report salary and wages, taxation and superannuation contributions to the Australian Tax Office are set to take effect on 1 July 2019.
AH Jackson & Co partner Ben Odgers said the new single touch payroll system allowed for direct reporting of information to the ATO when
