The candidate must have 3-5 years experience in a CA or CPA firm in Australia and have strong Accounting and Tax knowledge. You will need to demonstrate competency in the following …
2021-22 Federal Budget Highlights
The Government has delivered the 2021-2022 Federal Budget with Treasurer Josh Frydenberg announcing it as the ‘recovery budget’.
2021 End of Financial Year Tax Planning Strategies
With the end of the 2020-2021 financial year fast approaching, there are many tax planning strategies that you as a business owner and an individual need to be aware of so that you can take action in the coming months.
Superannuation obligations to increase from 1 July 2021
Effective 1 July 2021, employers will be required to increase the minimum superannuation contribution to employees from 9.5 percent of “Ordinary Time Earnings” (OTE) to 10 percent.
STP Changes for Small employers from 1 July 2021
While most businesses are already familiar with the Single Touch Payroll (STP) regime, small employers (19 or fewer employees) with closely held payees were exempt from reporting payroll information of those closely held payees through the STP for the 2019-20 and 2020-21 financial years.
Super Guarantee increase from 1 July to 10%
The Super Guarantee legislation requires businesses to make a contribution to eligible employees for their retirement.
The SG rate will increase on 1 July to 10% and then continue to increase each year until it reaches 12% on 1 July 2025.
Australia to introduce Director Identification Numbers (DIN)
As a part of the 2020 Budget Digital Business Plan, the government announced funding to implement the Modernising Business Register (MBR).
Tax Cuts and Job Maker
In terms of preserving the roots of Australia’s economy, the major economic stimulus programs of Cashflow boost, JobKeeper and JobSeeker have already expired for many taxpayers or they are to …
ATO Cyber Safety Checklist
Scammers never seem to rest, with even the latest JobKeeper iteration coming in for some scam treatment.
Do you own Residential Property in NSW in a Trust?
If you hold residential property in NSW in a Trust, then you need to have a Trust Deed Update completed before 31 December 2020 or risk paying extra in land tax surcharge.
In NSW, Surcharge land tax applies to foreign persons who are owners of residential land.