by Greg Allan | Feb 1, 2019 | News & Updates
The government has announced plans to raise the threshold for the instant asset write-off to $25,000 (up from $20,000) and extend it for another year to 2020. It had been due to expire at the end of the current financial year. The write-off will be available for... by Greg Allan | Nov 22, 2018 | News & Updates
Typographical, spelling and grammar errors can have unintended consequences as these examples demonstrate, making it important to double-check all business communications prior to publishing. Innocently leaving off a comma or apostrophe can give a written statement an... by Greg Allan | Nov 8, 2018 | News & Updates
The tax office will visit 10,000 businesses over the next 12 months as it looks to educate and send “a strong message” to businesses operating in the black economy. As part of the $318.5 million federal budget funding boost to the ATO to implement new strategies to... by Greg Allan | Oct 16, 2018 | News & Updates
The ATO has warned taxpayers that it has identified 5 of the most common errors made when reporting GST. These errors make up more than half of overall corrections made to GST reporting and in most cases, the mistakes are due to taxpayer error. When reporting GST, the... by Greg Allan | Sep 13, 2018 | News & Updates
Many taxpayers conduct some of their work from home. And it is deductions on these home-based activities over which the ATO is cracking down on – hard. The ATO says that record numbers of Australians are now claiming deductions for costs incurred while working from... 
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