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 – June 2022
ATO priorities this tax time The ATO has announced four key areas that it will be focusing on for Tax Time 2022: Record-keeping.Work-related expenses.Rental property income and deductions.Capital gains from crypto assets, property, and shares.Before claiming...
Practice Update – May 2022
No reduction in the Private Health Insurance rebate as of 1 April 2022 An event that we have become accustomed to every 1 April, is that the amount of the Private Health Insurance (‘PHI’) rebate decreases. The Australian Government rebate on PHI is annually...
Practice Update – April 2022
2022-2023 Budget Measures that are now law Low and Middle Income Tax Offset A measure that will no doubt be beneficial for individual taxpayers is the increase in the Low and Middle Income Tax Offset (‘LMITO’) for the 2022 income year by $420. The LMITO is a...
Practice Update – March 2022
Tax deductibility of COVID-19 test expenses After much speculation, the Government announced that COVID-19 tests, including Polymerase Chain Reaction (‘PCR’) and Rapid Antigen Tests (‘RATs’), will be both: tax-deductible; andexempt from FBT; broadly where...
Practice Update – January & February 2022
ATO support for businesses in difficult times The ATO has reminded taxpayers that it has a range of support available for small businesses experiencing difficult situations, such as natural disasters, mental health challenges or financial...
Practice Update – December 2021
Super is now following new employees The ATO is reminding employers that, as of 1 November 2021, there is an extra step they may need to take to comply with the choice of super fund rules. If a new employee does not choose a super fund, most employers...
Practice Update – July 2021
Super guarantee contribution due date for June 2021 quarter The due date for employers to make super guarantee contributions for their employees for the June 2021 quarter is 28 July 2021. Note that the super guarantee rate in relation to salary and wages...
Practice Update – June 2021
Cryptocurrency under the microscope this tax time The ATO is concerned that many taxpayers believe their cryptocurrency gains are tax-free, or only taxable when the holdings are cashed back into Australian dollars. ATO data analysis shows a dramatic increase...
May 2021 – Practice Update
Government proposal to modernise business communications The Government has committed to modernising certain laws so that they are 'technology neutral' to enable easier communication between businesses, individuals and regulators. The first phase of...
April 2021 – Practice Update
JobKeeper comes to an end The ATO has advised that the final JobKeeper payment will be processed in April 2021. Enrolled businesses do not have to do anything when the program closes, although they will need to complete their final March monthly business...
Recent Posts
Practice Update – June 2022
ATO...
Practice Update – May 2022
No...
Practice Update – April 2022
2022-2023...
Practice Update – March 2022
Tax...
Practice Update – January & February 2022
ATO...
Practice Update – December 2021
Super is...
Practice Update – July 2021
Super...
Practice Update – June 2021
Cryptocurr...
May 2021 – Practice Update
Government...
April 2021 – Practice Update
JobKeeper...
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).