What is the Super Guarantee Charge?
The Super Guarantee Charge is what an employer may have to pay the ATO if they fail to pay the correct super guarantee contributions for all eligible employees by the due date or into the correct super account.
Read MoreAs a business owner, you may be able claim a tax deduction for expenses for motor vehicles – cars and certain other vehicles – used in running your business.
Read MoreIt is important for all small business employers to understand their fringe benefits tax (FBT) obligations, this is especially important around the Holidays with end of year holiday events and employee gifts. If you provide your employee or their families with food, drinks or gifts you may be subject to FBT as these can be classified as providing entertainment.
Read MoreYou need to include all the income you received during the income year in your tax return. This includes salary and wages, government payments, investment income and bank interest.
Read MoreEmployees and contractors have different requirements when it comes to tax and superannuation obligations!
Read MoreThe ATO have announced they will have 3 key areas of focus for 2022/23, being rental property deductions, work related expenses and capital gains tax.
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