How to Claim Super Contributions on Tax Returns
Most Australians know that superannuation is money you save for retirement. But not everyone knows that you can also contribute your savings to super. Not only that, but the money…
Most Australians know that superannuation is money you save for retirement. But not everyone knows that you can also contribute your savings to super. Not only that, but the money…
As part of the 2020 Budget Digital Business Plan, the Australian government wants to implement the Modernising Business Registers program. In this program, the ABRS (Australian Business Registry Services) was…
The Self-Managed Super Funds (SMSF) auditor is your SMSFs final check and balance. The Australian Taxation Office (ATO) wants to see the accounts for each SMSF annually, and it’s the…
Saving money during tax season is something every business hopes to achieve. A great way to do this is through having a tax accountant at hand. An expert in tax…
A Tax File Number (TFN) is a government-issued number that serves as your unique identifier. This account is associated with your tax returns, benefit payments and superannuation funds. Scammers may…
Filing tax returns can be a rather confusing process. This is mainly due to a general lack of knowledge of this process. Now, this isn’t something that you should be…
Why do such audits even exist in the first place? It happens because of problems on your end. Everything from questionable financial reports and the like can force third parties…
Tax deductions are very helpful resources at the end of the taxable year. To get the correct amount for claiming, it’s important to keep an accurate record of your books.…
Taxes are nothing to be excited about, and for many people, it is nothing but a hassle. Plus, it is an activity where individuals lose money, so it isn't something…
All company directors will now be required to apply for a director identification number (DIN) by 30 November 2022. The main purpose of DIN is to trace or identify the…