by Stellar Accounts | Australian Tax Office, Tax Returns, Taxation
How it Impacts the Employer’s Payroll Process Single Touch Payroll will entirely change how all businesses report their activity to the Australian Tax Office. With Single Touch Payroll, businesses will report their payroll activity digitally after every payday instead...
by Stellar Accounts | Australian Tax Office, Tax Returns, Taxation
As an employer, your business is responsible for taking proper measures to report tax information to the ATO. This includes your payroll information, as well as employee earnings and super information. Single Touch Payroll provides distinct advantages and new...
by Stellar Accounts | Accountancy, Australian Tax Office, Tax, Tax Returns, Taxation
Tax time can be an especially trying time for small businesses. While you’re worrying about compliance and deadlines, you still have other pressing business matters to focus on. A registered tax accountant can alleviate some of this stress. At Stellar Accounts, we can...
by Stellar Accounts | Australian Budget Announcements, Blog, Federal Government, Taxation
Wondering what the Australian Budget 2018 changes could mean for you? In this blog, Stellar Accounts Owner and CPA, Debbie Hoffman, explains the biggest potential Game Changers in the 2018 Budget – and how these might just affect you and your business. Got a question?...
by Stellar Accounts | Blog, Business Structure, Taxation
Here at Stellar Accounts we often get asked what is the difference between a Sole Trader vs Company vs Trust. To help you navigate the different types of business structures and provide an indication of which may best suits your needs, we’ve outlined some of the...
by Stellar Accounts | Australian Tax Office, Business Tips, Taxation
Having a Christmas Party? Like most other businesses, at Stellar Accounts we love Christmas and parties, so we are in love with Christmas parties! And we want to make sure that we look after our staff and clients while maximising any related tax benefits. Do you...
by Stellar Accounts | Business Tips, Taxation
Hobby or Business? How to know when you need to start reporting your income? Selling online The questions below can help you understand whether your online selling is a hobby or a business. Every ‘yes’ answer increases the likelihood you are carrying on a...
by Stellar Accounts | Business Tips, Taxation
Are you in Debt? Or heading into Financial Difficulty? Warning signs to watch out for: Issues with money coming in: You don’t know what the total debts outstanding to your business are. People aren’t paying you on time. Issues with money going out: Cash flow is...
by Stellar Accounts | Taxation
What to do if you didn’t lodge your tax return prior to 31 October? If you use a tax agent (like Stellar Accounts) to prepare and lodge your tax return, the chances are you simply don’t need to worry about the 31 October deadline because it probably doesn’t...
by Stellar Accounts | Taxation
Fly In Fly Out (FIFO) Workers & Zone Rebates As a FIFO worker, you may be eligible for a ‘zone tax offset’ if you live or work in a remote or isolated area of Australia (but not an offshore oil or gas rig) for at least half the tax year. These offsets are...