New Instant Asset Write-Off

Are you a business with a turnover of less than $500 million? If so, you are eligible for the new Instant Asset Write Off or Business Investment Incentive as part of the Federal Government’s Economic Response to the Coronavirus. Please see table below.

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October Newsletter 2019

Small business income tax gap: ATO update New figures released by the ATO estimate that almost 90% of income tax from small businesses is paid voluntarily or with little intervention from the ATO. “This shows that the vast majority of small businesses in the tax system are trying to do the right thing”, Deputy Commissioner … Continued

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August Newsletter 2019

Warning to watch out for myGov and ATO tax scams The government’s Stay Smart Online website warns there has been a surge in scammers impersonating myGov and the ATO to trick people into giving them money or personal details. These scams can take the form of emails, text messages and fake myGov login pages. In … Continued

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