Fake ATO phone calls: how to spot an ATO scam call
ATO scam calls can be hard to pick if you're inexperienced. Here is how you can tell the difference.
Do I have to pay my HECS debt?
One of the most common financial regrets clients have is their HECS debt. That $30,000 debt seems like it will never get any smaller. The biggest regrets come from people who wish they'd never enrolled in the course in the first place. Maybe you did the first year of a…
Company directors: don’t make this crucial tax mistake
Most of us have experienced being a company employee and many Australians have experience as a company owner in a small way. If you’re a shareholder in a widely held company like Telstra or perhaps a major bank then technically you’re a part-owner of the company. Being an employee and…
Are you paying payroll tax when you don’t need to?
Congratulations. If you’re reading this your business has hit – or will be close to hitting – the payroll tax threshold. Now, I know you’re not going to be over the moon about leaking even more tax out of your small business, but if you are paying $650,000 in wages…
Tax on rental income in Australia: Do I have to pay tax on my property?
By Jarrod Rogers CPA We often receive questions from foreign owners of Australian properties like: "I am a resident of the UK and I own a property in Melbourne. I do not live in Australia and do not have Australian citizenship. I work and pay tax in the UK. Do…
NZ taxes: something every Kiwi in Australia needs to know
I've sometimes thought that perhaps Australia needs to make a few things right with our trans-Tasman cousins. I'm sorry about the underarm incident. It's embarrassing to think that we'd resort to cheating like that. Sorry that our recent cricketers show such embarrassing sportsmanship (and I originally wrote that part pre-sandpaper).…
Everything you need to know about ANZ Employee Share Plans (+ free ANZ CGT calculator)
Are you an ANZ employee (or former employee) who has participated in an Employee Share Plan? You've come to the right place. We can assist you with working out the tax implications for all ANZ share plans including: ANZ Employee Share Offer (Previously known as $1000 Share Plan) (ESAP) ANZ…
5 reasons to feel better about late tax lodgements & returns
Over the last few years, Beyond Accountancy has helped a lot of people get their tax affairs in order. This experience has taught us a lot, not only about how the ATO deals with late tax lodgments but how it makes people feel. Generally, the feeling is one of stress…
The 457 Medicare/Health Insurance Trap
We refer to visas and the current rules for temporary migrants, but we emphasise that we are not government officials or migration agents and you should confirm the details of this article with the relevant authority before cancelling or changing insurance. The author owns shares in a health insurer. Health…
What you need to know about changes to ATO PAYG instalments
If you lodge a tax return and you owe tax, you may be asked to pay ATO PAYG instalments. ATO PAYG instalments are down-payments towards your estimated future tax. Who has to pay ATO PAYG instalments? You have to pay ATO PAYG instalments if: You have repeating income e.g. rent,…