Tax

Guidance needed on JobKeeper subsidised R&D and transfer pricing rules

Early this week, the Tax Institute of Australia (TIA) called for guidance material on the JobKeeper scheme in relation to the R&D...

R&D tax incentive inquiry delayed a third time

Businesses have been plunged into further uncertainty as the Senate inquiry into R&D tax incentive ('RDTI') reforms is delayed a third time this year. What...

60% of small businesses shut down within first 3 years: H&R Block has ‘Grants for Growth’ to stop it

With more than 60% of small businesses shutting down within their first three years, Australia’s leading tax accountants, H&R Block are offering small...

Happy new financial year! A small business guide to the tax changes

By Matthew Prouse, Head of Industry, Xero Australia New financial year, new obligations and opportunities... If you’re like most small business owners, you’re probably focused on...

Three ways politics impacts your business

You may not personally want to be involved in modern politics but if you want to run a business you have to be aware...

How to stay organised during tax time to optimise your returns

Australians are urged to get organised ahead of the end of financial year, including finding a great accountant, collating all necessary paperwork and knowing what...

How SMEs can turn tax time into an opportunity to grow

Many small business owners see the end of the financial year (EOFY) as a busy time during which they need to prepare tax returns...

The Australian Tax Office hotspots 2019 – do they apply to you?

Byline: Mark Chapman, the Director of Tax Communications at H&R Block. Every Tax Time, the ATO focusses on certain hotspots where taxpayers are prone –...

Getting ready for the EOFY: A how-to-guide for businesses

By Mark Chapman, Director of Tax Communications with H&R Block With just a few weeks remaining until the end of financial year, many businesses will...

Why do major companies keep getting caught in employee underpayment scandals?

Every few months sees a major employee underpayment scandal – companies announcing that they have made payroll errors that have impacted thousands of employees...

Small business owners prioritise climate change, energy costs and tax cuts

A new survey from Xero, the global small business platform, has revealed a disconnect between small business owners and politics, with a whopping three...

$30k Asset Write-Off up for grabs for next month: is your business eligible?

With the end of financial year fast approaching, small and medium-sized businesses are being reminded they could be eligible for an instant asset write-off...

Morrison to prioritise planned tax cuts

Scott Morrison plans to prioritise his promised tax cuts after he settles his new ministry line up, as the nation waits to see if...

What Single Touch Payroll means for your employees

Have you taken the next step and started reporting through Single Touch Payroll (STP)? Employers with 20 or more employees should have already started...

Australian small businesses losing $5.8 billion each year

Insufficient cash flow means lost opportunities  Australian small businesses have lost opportunities worth an estimated $5.8 billion due to insufficient cash flow1 Nearly half...

Admin ‘killing the dream’ of Australian Small Businesses

Research reveals financial and emotional burden of administration on small businesses ahead of new Single Touch Payroll reporting regulation Australian small businesses estimated...

A guide to managing expenses for small businesses

Managing expenses is a common headache for managers and finance teams, who often need to sort through hundreds of receipts, invoices, pay cheques, and...

Pre-budget commentary from Sam Allert, Reckon Group CEO

Sam Allert, Reckon Group CEO, shares his thoughts on the impacts of the expected federal budget announcement this evening.  General Outlook "Our survey uncovered that 65 per cent of...

Xero’s Small Business Insights shares key small business findings

The accounting app Xero share their Small Business Insights with us to shed light on what small businesses should be aware of, which is...

Tax tricks for small businesses this EOFY

5 tips to tidy up your tax before EOFY.