GAP Accountants News
Stay in touch and up-to-date
Category: Deductions
Businesses with a turnover of up to $5 billion are now able to immediately deduct the full cost …
The Government announced various tax measures in the 2020 Budget on 6 October 2020, and it was able …
Back in April 2020 the ATO announced that a ‘shortcut’ method was to be made available to use …
As the situation around COVID-19 continues to develop, the ATO understands many employees are now working from home. …
A new ‘vacant land’ measure limits the deductibility of costs incurred on or after 1 July 2019 (i.e., …
Some employees may wonder whether a work-related expense (or ‘WRE’) becomes deductible merely because their employer specifically requires …
With the holiday season approaching, many employers and businesses want to reward their staff and loyal clients/customers/suppliers.
Again, it …
With the well earned December/January holiday season on the way, many employers will be planning to reward staff …
The ‘cents per kilometre’ method broadly allows an individual taxpayer to claim up to a maximum of 5,000 …
The ATO has reminded taxpayers that, if they run their home-based business as a company or trust, their …
Categories
- Accounting (20)
- ASIC (2)
- ATO update (291)
- ABN (2)
- ATO audits (23)
- ATO scam alert (12)
- Budget updates (13)
- Communication (8)
- Court rulings (9)
- Data-matching (24)
- Technology (9)
- Business (107)
- Benchmarking (5)
- Employing (32)
- Small businesses (44)
- Corporate (19)
- Division 7A (7)
- COVID-19 (42)
- Disaster Relief (6)
- Federal Election (1)
- Finance (15)
- Cryptocurrency (6)
- Foreign/off-shore issues (15)
- GAP Office Update (1)
- Industry (25)
- Construction (7)
- Contractors (3)
- Courier/driving (6)
- Farming (2)
- Gig Economy (1)
- Medical (2)
- Retail (4)
- Sharing economy (7)
- JobKeeper (23)
- LCT (1)
- Single Touch Payroll (12)
- Superannuation (88)
- Division 293 (2)
- LRBA (6)
- Self-managed super funds (17)
- Superannuation contributions (36)
- TBC (Transfer Balance Cap) (1)
- Superannuation Guarantee (7)
- Taxation (208)
- CGT (8)
- Deductions (42)
- Depreciation (11)
- FBT (26)
- GST (29)
- HELP/VSL/TSL debt (2)
- LCT (1)
- PAYG (11)
- Private Health Insurance (1)
- Properties (3)
- Rental property (18)
- Tax debt (4)
- Tax Records (3)
- Uncategorised (8)