24 March 2020 Here’s an update on the new package. Please note that this passed both houses of parliament on March 23 and only required Royal Assent to become law. This means that there is now some certainly about what measures have been adopted. There is a lot to take…
18 Mar 2020 Here’s a line I’ve never heard from a barrister: “I’ve got so much spare time, I don’t know what to do with it”. Between court deadlines, demanding clients, impatient judges and the general pressure of being a sole trader, life at the bar is very busy. As…
18 Mar 2020 Here's our guide to the assistance available to small businesses as a result of the Coronavirus outbreak in Australia. The government has an assistance package to help keep cash flowing through the economy and people in their jobs. While additional funds for health care and cash payments…
Jarrod Rogers CPA 16 March 2020 In the past, the government has allowed concessions or an amnesty for back taxes, late tax returns and overdue debts. At the time of writing, there is a superannuation amnesty and concessions for bushfire victims. You may be waiting for a tax, BAS or…
In late 2019, a major change was made to the capital gains tax law - now exposing Australian property owners who are non-residents for tax purposes to potentially massive tax bills when they sell their former homes in Australia. If you are in this situation, you need to stop what…
ATO scam calls can be hard to pick if you're inexperienced. Here is how you can tell the difference.
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…
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…
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…
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…