ATO

Taxable Payments Reporting System: Check your Compliance

A large number of road freight businesses have not yet complied with the lodgement requirements under the TPRS for the financial year 2019-20.

Printed Bills

Employee truck drivers’ reasonable travel & meal expense amounts for 2020–21 income year released

The Australian Taxation Office’s reasonable travel and overtime meal allowance expense amounts for the 2020–21 income year for employee truck drivers has been released. Reasonable amounts are given fo...

Fuel Tax

Save the date: Fuel tax credit rates indexation – 3 August 2020

Save the date! The Australian Tax office (ATO) has announced the next indexation of the fuel tax credit is expected to be live on the 3 August 2020. The indexation of fuel tax credit rates is based on...

Work from home

Working from home tax deductions

The ATO has introduced a simplified method for claiming deductions for anyone working from home as a result of COVID-19. Between 1 March and 30 June 2020, taxpayers will be able to claim 80 cents per ...

Get your tax right

Three ‘wheely’ easy tips to get your tax right

Are your tax deductions built like a Mack Truck? With tax time just around the corner, pump the brakes before you claim and find out what transport and logistics employees can claim. Check out these t...

Tax Time

Ways to help you get ready for tax time

2020 has been a very challenging time for businesses, with COVID-19, bushfires and drought taking an unprecedented toll on many. While tax and super may not be on the top of your mind during these tim...

Pay your Super

What to do if you couldn’t pay super on time

COVID-19 has had a significant financial impact on small businesses. The regular payments that you’re normally able to keep up with may be missed or not paid in full, such as your employees̵...

JobKeeper Update

Monthly reporting for JobKeeper payments

Businesses that have enrolled for the JobKeeper Payment and identified their eligible employees will need to make a business monthly declaration to the ATO. A registered tax professional can also do t...

Scammer

Scammers targeting superannuation in COVID-19 crisis

The Australian Competition and Consumer Commission have warned that scammers are now trying to exploit Australians financially impacted by the COVID-19 crisis with new superannuation scams being repor...

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