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April 6, 2020

In this article we will provide further clarity on the governments Cash Flow Boost incentive.

As of today, legislation has not been passed on the Jobkeeper subsidy so we will refrain from providing any further detail on this subsidy until the law has passed.

We write to...

March 31, 2020

The Morrison government announced yesterday in response to the COVID-19 pandemic and its impact on the Australian economy, that a new subsidy program to support businesses and employees is being implemented from March 30th.

It has been named the JobKeeper Payment, and a...

March 12, 2020

The Morrison Government has announced yesterday a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the Australian economy as the world deals with the significant challenges posed by the spread of the corona...

December 12, 2019

There are few greater feelings than spending the holiday season with loved ones and sharing the good times. Gift giving is always great way to show your appreciation, however for those on a tight budget, it can be a bit of a stressful time. So we thought we'd share som...

October 29, 2019

It has come to our attention that scam myGov emails are currently circulating, requesting individuals to click a link that will allow them to collect a supposed tax refund.

These emails are completely fake and not to be trusted. You will notice that when you hover above...

October 25, 2019

As the October 31st due date for tax return lodgement rolls around, ABC News interviewed Assistant Commissioner of the ATO, Karen Float, about some of the crazy excuses some taxpayers have used to explain their late, or complete lack of lodgement.

From simple excuses of...

June 17, 2019

If you received Family Tax Benefit (FTB) in the 2017-2018 income year, and you have not filed your 2018 tax return, you may have to pay back any FTB you received in the 2019 year.

If you received FTB during the 2017-18 financial year, you may still need to confirm your...

April 3, 2019

Yesterday the liberal government delivered its 2019 budget. So we have decided to put a quick list of who are the winners and who are the losers this year.

Winners

1. Low and middle income earners

Immediate income tax relief of up to $1,080 for singles and $2,160 for dual...

January 31, 2019

Have you ever been at the shops and seen something you would like to buy and thought whether or not it is tax deductible? As accountants we are constantly asked what can and can't be claimed come tax time. So we thought we would list our 5 all time favorites.

1. Makeup

Y...

September 17, 2018

Whenever we speak to one of our clients about ways they can save some money, the first question we ask "What is your monthly phone bill?"

We find that most people are spending minimum $70 a month on their phone plan, and many still spending over $100.

In the last year Au...

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