by Stellar Accounts | Uncategorized
What is the Taxable Payments Annual Report and do you need to lodge one? If you work in the building or constructions field – you are required to lodge a Taxable Payments Annual Report (TPAR) by 28 August each year. Businesses in the building and construction...
by Stellar Accounts | Australian Tax Office, Taxation
Taxation Services – ATO Case Study – Wrongly claiming work related expenses – always check with your accountant/tax agent – like Stellar Accounts if you are unsure. A sales consultant made claims for work-related car, clothing and other...
by Stellar Accounts | Uncategorized
UBER TIPS FROM OUR TAX AGENT There are a range of tax deductions you can claim as an Uber driver. Here are just a few work-related expenses that become tax-deductible when you drive for Uber: Registration Insurance Repairs Tyres Car maintenance Car cleaning costs...
by Stellar Accounts | Business Structure, Taxation
EOFY Taxation Advice for Companies Do you operate your business under a company structure? Looking for advice from an accountant/taxagent focused on minimising taxation obligations for companies? Did you know that at 30 June each year you need to repay all personal...
by Stellar Accounts | Uncategorized
Stellar Accounts – Chermside Tax Agent Have you received some great taxation advice from Stellar Accounts? Or some great small business advice? Would you like to make sure other people also get the best accounting and taxation advice? We would love a review on...
by Stellar Accounts | Australian Tax Office
The ATO are concerned about healthcare practitioners receiving lump sums and treating them as capital payments and have released a detailed fact sheet setting out what they expect to see in such situations. If a healthcare practitioner (such as a doctor, dentist,...
by Stellar Accounts | Australian Tax Office
The ATO says it may be able to fast-track any tax refund payments for people affected by natural disasters (you can call 1800 806 218 to ask for this, or if you are a tax agent and are calling on behalf of a client, call 0428 887 104. And if you know there will be...
by Stellar Accounts | Tax Scam
You should be wary of emails, faxes, SMS and phone calls claiming to be from the ATO. These could be scams designed to trick you into paying money or providing personal information. Once they have your information, scammers may use it to: access your bank accounts...
by Stellar Accounts | Fringe Benefit Tax
Do you provide non-cash benefits to your employees (ie a car; restaurant vouchers, entertainment by way of food, drink etc)? Do you provide these benefits regularly? Are they over $300 per benefit per employee? If you answered yes, you may have a Fringe Benefit Tax...
by Stellar Accounts | Business Structure
Thinking you have outgrown your soletrader status? Looking to minimise your tax? Have you considered entering into a Family Trust structure? The term family trust refers to a discretionary trust set up to hold a family’s assets or to conduct a family business....