by WWAMD Accountants | Jun 13, 2019 | Accounting News
Single Touch Payroll (STP) reporting for all small employers (those with fewer than 20 employees) to start from the 1st July 2019. Here is some helpful information that maybe be of assistance with the transition to live payroll reporting to the ATO. If you have any...
by WWAMD Accountants | Jun 6, 2019 | Accounting News
This year, the ATO is targeting taxpayers who are claiming laundry incorrectly… This link has some useful pointers on what they might be looking for For more information, please contact the office on 9584...
by WWAMD Accountants | May 28, 2019 | Accounting News
One of Prime Minister Scott Morrison’s key election promises of a $1,080 per person tax cut for low to middle income earners could be delayed. The promise would allow taxpayers earning between $48,000 and $90,000 a tax rebate of up to $1,080 for the financial year...
by WWAMD Accountants | Apr 24, 2019 | Accounting News
The Australian Taxation Office (ATO) has announced that from 1 July 2019 Single Touch Payroll will apply to all employers, including certain salary sacrificed amounts. Single touch payroll (STP) is used by employers to report salary and wages, Pay-As-You-Go (PAYG)...
by WWAMD Accountants | Apr 17, 2019 | Accounting News
Keep youself updated on the latest scam and how to avoid the trap with this helpful link
by WWAMD Accountants | Apr 12, 2019 | Accounting News
2019 Fringe Benefits Tax (FBT) returns are due for lodgement on 25th June 2019. The Australian Taxation Office (ATO) have recently released a list of six items related to FBT that ‘attract their attention’. This is a timely reminder to be mindful of ensuring that any...
by WWAMD Accountants | Apr 5, 2019 | Accounting News
“Tonight, I announce that the Budget is back in the black, and Australia is back on track…paying its own way.” “Australia is stronger than when we came to Government six years ago. Growth is higher. Unemployment is lower. There are fewer people on welfare. There are a...
by WWAMD Accountants | Mar 22, 2019 | Accounting News
The ATO have indicated they will be scrutinising investment property owners over the coming months… Ensure you are getting it right by reading this useful link… For more information, please call Walker Wayland AMD on 9584...
by WWAMD Accountants | Mar 21, 2019 | Accounting News
Small businesses will get an extra tax break following the recent announcement by the Government that the instant asset write-off scheme will be extended to 30 June 2020 for assets purchased under $25,000 in value. Small businesses will be able to immediately deduct...
by WWAMD Accountants | Mar 20, 2019 | Accounting News
Fringe benefits tax (FBT) is payable on some benefits provided by employers, an associate of an employer or a third party by arrangement with an employer. FBT is separate from income tax and is calculated on the taxable value of the benefits provided to employee’s....
SINGLE TOUCH PAYROLL (STP) REMINDER – STP KICKS OFF 1 JULY 2019.
ATO CRACKING DOWN ON LAUNDRY CLAIMS!
Liberal’s Key Election Promise Faces Likely Delay
The ATO have released an update on scammers over the weekend
FBT Issues on the ATO Radar
Federal Budget 2019-2020
Do you own an investment property?
Instant asset write-off for small businesses extended and increased
Do you provide benefits to your employees? If so do the benefits provided attract Fringe Benefits Tax (FBT)?