by Cindy Su | Aug 21, 2024 | All, Business
In Australia, the Goods and Services Tax (GST) is a broad-based tax of 10% on most goods, services, and other items sold or consumed. If you’re a non-resident business supplying goods or services to Australia, it’s crucial to understand your GST...
by Cindy Su | Aug 13, 2024 | All, Business
What is TPAR? The Taxable Payments Annual Report (TPAR) is a report that certain businesses in Australia must lodge with the Australian Taxation Office (ATO). The TPAR is used to report payments made to contractors for services they provide. This requirement aims to...
by David Naylor | Aug 8, 2024 | All, Business, Property
Whether you’re a seasoned investor or a small business owner looking to reduce your Capital Gains Tax (CGT), understanding the available options is crucial. The Australian Taxation Office (ATO) provides several ways to legally lower the CGT you owe when selling...
by Cindy Su | Aug 1, 2024 | All, Business
As a small business owner, managing payroll accurately is crucial for the smooth operation and financial health of your business. Payroll management can be complex, and mistakes can lead to serious consequences, including legal issues, financial penalties, and...
by Cindy Su | Jul 24, 2024 | All, Business, News and Updates
As a small business owner, you likely invest in employee training to keep your team skilled and competitive. What you might not realise is that these training expenses spent could qualify you for additional tax deductions under the Small Business Skills and Training...
by Cindy Su | Jul 16, 2024 | All, Business, News and Updates
If you are a business owner who invested in energy-saving measures during the past financial year, you may qualify for additional tax savings through the Small Business Energy Incentive. Designed for businesses with an annual turnover under $50 million, this...