The ATO focus areas for 2022
Assistant Commissioner Tim Loh said “The ATO is targeting problem areas where we see people making mistakes.” Below we review some key points to help you ensure these ATO focus areas won’t be a problem for you this tax time. read more
What do you anticipate for your business in 2022?
What do you anticipate for your business in 2022? Do you think the trade and health challenges will ease, or are we in for an altogether new intensity in business operations? Below are some of the trends we have been noticing. read more
A short guide on when tax applies to business gifts and staff events
It's important to understand that just because something is a gift, or provided as a reward or donation, doesn't necessarily mean it is safe from tax. Below we provide a short guide on when tax applies to various business gifts and staff events. read more
Answers to your questions around the introduction of director identification numbers
We answer some common questions around the introduction of DIN’s: What are the key requirements under this legislation? Do I need to obtain a DIN? When do I need it by? How do I apply for a DIN? What if I don't register? read more
What working from home expenses can you claim?
What working from home expenses you can claim is determined by both the type of working from home setup you have and also by the method you are using to make the claim. Currently there is also a ‘shortcut’ method available that makes it simpler to claim working from home expenses during the coronavirus pandemic. read more
Instant asset write-off provisions now unlimited for businesses with an aggregated turnover of under $5 billion
The instant asset write-off provisions are now available until 30 June 2022. Also, for the first time, businesses with aggregated turnover of $500 million or above, but under $5 billion, are eligible to benefit. Below we comment on six things to be aware of when considering the instant asset write-off provisions. read more

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