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Taxation Strategy & Compliance

The Impact of the Bushfires on the Aussie GDP and Further Interest Rate Cuts
Posted 9 January 2020

The Impact of the Bushfires on the Aussie GDP and Further Interest Rate Cuts

It seems likely that given the damage caused by the bushfire issues in Australia and their impact on GDP that the RBA will cut interest rates by a further 25 basis points in their February meeting.

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The ATO Are Getting Even More Creative in Their Hunt for Tax Evaders
Posted 2 January 2020

The ATO Are Getting Even More Creative in Their Hunt for Tax Evaders

It will come as no surprise that the ATO is data matching with Australian Insurance Companies looking for high valued items such as luxury vehicles, yachts, thoroughbred horses, fine art and aircraft and matching their ownership with ATO records.

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Working Together With Your Team To Maintain Safe Work Practices
Posted 4 December 2019

Working Together With Your Team To Maintain Safe Work Practices

Workplace Health and Safety (WHS) or OH & S as it is more commonly known is a major issue for management. Full compliance with WHS laws and regulations is essential to avoid significant penalties.

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Don’t Put Yourself At Risk With Bad Superannuation Practices
Posted 28 November 2019

Don’t Put Yourself At Risk With Bad Superannuation Practices

Superannuation Guarantee was introduced by the Federal Government in 1991 initially with a charge of 3% on all eligible wages and subsequently increased in various stages to its current level of 9.5% of ordinary time earnings.

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Are Your Payroll Obligations Growing? Don’t Forget To Plan For Payroll Tax!
Posted 28 November 2019

Are Your Payroll Obligations Growing? Don’t Forget To Plan For Payroll Tax!

Payroll tax is a tax levied by state governments and the rates and deductibles vary from state to state.

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Is Your Accounting Team Keeping On Top Of Liabilities and Reporting Correctly To the ATO?
Posted 28 November 2019

Is Your Accounting Team Keeping On Top Of Liabilities and Reporting Correctly To the ATO?

The Goods and Services Tax Act 1999 came into effect in 2000 requiring all businesses with a turnover in excess of $75,000 to register for GST compliance.

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