Taxation

Here are the 10 key things to know when lodging your 2021-22 tax return: Check if your COVID-19 support payments and natural disaster payments need to be included in your 2021-22 tax return. Note that there may be different tax treatments, depending on the payment. Make sure that you are eligible for COVID-19 test deduction […]

Tax season is definitely a busy time for many professionals and business owners. Being overwhelmed to get everything together for the accountant is not something new to the ears.  With a little tax planning, business owners and professionals can reduce tax expenses and the burden of having unbudgeted tax debt. Knowing how to do this

Goods and services tax, or simply GST, is a broad-based tax of 10 % on most goods, services, and other items sold or consumed in Australia. Like in many countries, registered businesses are required to include GST in the price of most goods and services sold to customers; and, claim credits for the GST included

Tax is one of the most important challenges facing small, growing businesses. The impact of the pandemic brought changes on the business structure of many. Despite these challenges, opportunities are still existent to reduce taxes. Review bad debts Take time to review and assess outstanding debts if they can be recovered or written off as