6 steps to create a mentally healthy and vibrant workplace

It’s estimated we spend a third of our life at work. It may even be more if you run your own small business. From working overtime during the week to catching up on paperwork on the weekend, having enough time to get everything done is a challenge for most small businesses.

Treasurer unveils design details for payday super

The government has released further details about the design of its payday super policy including an updated super guarantee charge framework. 

Government releases details on luxury car tax changes

The draft legislation aims to modernise the luxury car tax by tightening the definition of a fuel-efficient vehicle and adjusting the indexation rate.

New SMSF expense rules: what you need to know

If you manage a self-managed superannuation fund (SMSF), recent changes to tax rules for certain fund expenses may affect you and the fund.

ATO reveals common rental property errors from data-matching program

Recent results from the data-matching program identified issues around the reporting of rental income and claims for capital works and depreciating assets. 

SMSF succession planning part 1 – getting started

 

Part 1 examines the key characteristics of a sound SMSF succession plan including planning for control of the fund to pass into trusted hands in the event of a member’s death or loss of capacity.

 

Most Popular Operating Systems 1999 – 2022

Check out the most Popular Operating Systems 1999 - 2022

Unregistered or Registered Trade Marks?

Trade marks are a form of intellectual property protection your business can rely on to distinguish yourself from your competitors. Likewise, you can use trade marks to clearly differentiate your goods and services from your competitors.

How to read a Balance Sheet

It’s common for small businesses to struggle when understanding their financial data.  Cash flow needs and a Profit and Loss statement are analysed more often a business owner and so, understood better.  

ATO warns businesses on looming TPAR deadline

The ATO is reminding businesses to lodge their tax payable payment annual report by 28 August after issuing around $9 million in penalties in the five years to 2023.

 

Government urged to exempt small firms from TPB reforms

The lower risk profile of small practices means they should not face the same scrutiny as larger ones, the NTAA says.

Millions of landlords the target of expanded ATO crackdown

 

The Tax Office will acquire property management records to clamp down on taxpayers misreporting rental income and deductions.