by Craig | Apr 9, 2026 | ATO Compliance, Business Compliance, Small Business Advice, Superannuation, Tax Updates
Know when a new logbook is required Editor: Keeping a car logbook may be required to accurately calculate the business-use percentage of vehicle expenses (e.g., fuel, registration, insurance and depreciation) for tax deductions. Taxpayers can keep the same logbook for...
by Craig | Mar 4, 2026 | ATO Compliance, BAS, Small Business, Tax Updates
$20,000 instant asset write-off extended Editor: The Governmentrecently passedlegislation to extend the $20,000 instant assetwrite-off for small businesses by 12 months to 30 June 2026. Taxpayers should note that if their business has an aggregated annual turnover of...
by Craig | Aug 2, 2023 | ATO
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. A...
by Craig | Apr 14, 2021 | ABN, GST, JobKeeper Payment, 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 declaration...
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