Our Blog

We aim is to keep you up to date with the latest developments – to help you plan your business and individual tax.

Practice Update – January/February 2024

Practice Update – January/February 2024

Government announces changes to proposed 'Stage 3' tax cuts  Despite previous assurances, and after much speculation, the Government has announced tweaks to the 'Stage 3' tax cuts that will apply from 1 July 2024.  More particularly, the Government...

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Practice Update – December 2023

Practice Update – December 2023

ATO's lodgment penalty amnesty is about to end  The ATO is remitting failure to lodge penalties for eligible small businesses.  Businesses which have not yet taken advantage of the ATO's lodgment penalty amnesty only have until 31 December 2023 to...

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Practice Update – November 2023

Practice Update – November 2023

Tax issues for businesses that have received a support payment  Taxpayers who have received a government support grant or payment recently to help their business recover from COVID-19 or a natural disaster should check if they need to include the...

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Practice Update – October 2023

Practice Update – October 2023

Taxpayers need to get their 'rental right' The ATO reminds rental property owners and their tax agents to take care when lodging their tax returns this tax time. When preparing their tax returns, taxpayers should make sure all rental income is included,...

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Practice Update – September 2023

Practice Update – September 2023

Appointing an SMSF auditor The ATO reminds SMSF trustees that they need to appoint an approved SMSF auditor for each income year, no later than 45 days before they need to lodge their SMSF annual return. An SMSF’s audit must be finalised before the trustees...

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Practice Update – August 2023

Practice Update – August 2023

Claiming GST credits for employee expense reimbursements  Employers may be entitled to claim GST input tax credits for payments they have made to reimburse employees for expenses that are directly related to their business activities.   ...

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Practice Update – July 2023

Practice Update – July 2023

Court penalises AMP $24 million for charging deceased customers  The Federal Court has found that four companies that are or were part of the AMP Group breached the law when charging life insurance premiums and advice fees from the superannuation...

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Practice Update – June 2023

Practice Update – June 2023

2023/24 Budget Update On 9 May 2023, Treasurer Jim Chalmers handed down the 2023/24 Federal Budget. Some of the measures announced by the Government (including some which were actually announced prior to the Budget), include:  from 1 July 2026, employers...

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Practice Update – May 2023

Practice Update – May 2023

Last chance to claim deductions under temporary full expensing Deductions under ‘temporary full expensing’ are only available in the 2021, 2022 and 2023 income years, and are expected to come to an end on 30 June 2023. Editor: Under temporary full expensing,...

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Practice Update – April 2023

Practice Update – April 2023

New 15% super tax to apply from 1 July 2025 The Government recently announced it will be imposing a 15% additional tax on individuals that have more than $3 million in superannuation. The new measure is expected to commence from 1 July 2025 (i.e., the start...

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Additional REsources

Links to Important Tax Documents & Articles we’ve Created for your convenience

 

Contact Us

We are based in Highett, 16km from Melbourne CBD

admin@casaccountants.com.au

Phone: (03) 9553 3800

Office Location

328 Highett Road Highett VIC 3190

Mailing Address

PO Box 94 Highett VIC 3190

Office Hours

Monday – Friday: 9am to 5pm

After Hours

We are available for after-hours appointments and house/premises calls on request (Available for Melbourne South-East and Bayside Suburbs).

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