Category: Tax Compliance & Accounting
Latest Tax Compliance & Accounting news
Updates to fringe benefits tax (FBT) for vehicles
Changes to fringe benefits tax (FBT) in relation to the use of company vehicles have been introduced this year. Here’s what you need to know.
Federal budget 2023-24: key outcomes for tax, super, small business
The federal budget shares changes that will impact key areas of tax, superannuation, and small business operations. Read on for a summary.
What is GST? Your guide to goods and services tax
GST is a tax on the supply of goods and services – here’s how you’ll know if you are required to pay GST and how it all works.
Why making voluntary repayments on HELP debts could benefit you
If you have a HELP debt, there may be benefits to paying off your debt before June 1, regardless of whether that is in part or in full.
Hubdoc for Xero: what to know about the accounting software add-on
Hubdoc for Xero is the software add-on favoured by small to medium businesses because it streamlines accounting processes.
Update: Shortcut method for work-from-home deductions
Individuals who work from home and claim tax deductions will need to keep detailed records and be mindful of some changes.
Tax rate increase for superannuation balances over $3m
The federal government will introduce an additional tax to superannuation earnings on balances of more than $3 million.
Death and taxes: What happens when I die?
Even though a death in the family is a difficult time, there are some important things you should know about inheritance, death, and taxes.