by PTAM | Jun 1, 2016 | Accounting
Recently, scammers have been calling people pretending to be ATO officers, and demand that a “tax debt” be paid off using iTunes gift cards as a form of payment. Assistant Commissioner Janine Clark said that based on recent reports made to the ATO, iTunes gift cards...
by PTAM | May 9, 2016 | Accounting, Superannuation
Severe financial hardship, terminal illness, specified compassionate reasons, permanent incapacity and other limited circumstances can serve as grounds for withdrawing pre-retirement or preserved super. Strict rules do apply to regarding emergency access to...
by PTAM | May 5, 2016 | Accounting
On Tuesday 3rd of May 2016 the Federal Treasurer Scott Morrison delivered his first budget titled “Jobs & Growth”. Who were the big winners on Budget night and what do the changes actually mean to you? Superannuation reform changes New lifetime cap for...
by PTAM | Apr 17, 2016 | Accounting
Although the transition to Standard Business Reporting (SBR) might be getting a lot of attention, there are several other strategic digitally-based analytics projects underway at the ATO. For example, its Smarter Data Program, which the ATO pre-empted through its...
by Kelly | Apr 8, 2016 | Accounting, Staff
I’ve always loved reading articles about ‘what’s in my bag’, from photographers to military personnel to office workers. I often get compliments on how organised I seem and how I always have what I need, so I thought what better way to share with people...
by PTAM | Apr 6, 2016 | Accounting, Taxation
It’s not mandatory for a business to have an Australian business number (ABN), but there are a few good reasons why you should. Foremost among them will be that without one, your business will probably feel a whole lot poorer than it should. Other businesses...