Simpler BAS

Simpler BAS

Simpler BAS Goods and services tax (GST) reporting on the business activity statement is getting easier for small business. This is due to a change to GST reporting called Simpler BAS – a partnership between the ATO, software developers, tax professionals and small...
Are you claiming GST Correctly?

Are you claiming GST Correctly?

Important Changes to Annual Leave If your activity statement is delayed it may have been to check that you haven’t claimed a personal expense as a business expense. When claiming GST credits remember: you can only claim a GST credit for goods or services used in...
ATO and Christmas Parties or Gifts

ATO and Christmas Parties or Gifts

Maybe you are wondering what can or can’t be claimed regarding staff Christmas parties or even the giving of gifts.  Here is a little of the low down….. The boss decides to throw a Christmas party for the staff. Can you claim this as a business expense? Does...
Important Changes to Annual Leave

Important Changes to Annual Leave

A number of very important changes have recently been made by the Fair Work Commission to annual leave entitlements for employees covered by the Fair Work Act 2009. It is now critical for you to familiarise yourself with these changes because: the changes are already...