December 2017 Newsletter

Our latest eNewsletter includes information on the following topics: Consultation paper: combating phoenix activities: The Federal Government has released a consultation paper proposing company and tax law reforms to combat phoenix activities. New passive income test for lower corporate tax rate: The Federal Government has introduced a Bill to put a passive income test in […]

2017 Christmas Shut Down Period

We would like to take this opportunity to thank you all for your continued support in 2017 and we look forward to working with you again in 2018. The team at Bonsella would like to wish you and your families a very merry and safe Christmas and New Year. Our office will be closed from […]

Bonsella – a Top 100 Accounting Firm!

On 22nd November, Bonsella were listed in the Top 100 Accounting Firms in Australia by the Australian Financial Review. We are really proud of this achievement and would like to thank everyone who has been a part of our story to date. We are passionate about our business and love what we do. Also, thank […]

October/November Newsletter

Our latest eNewsletter includes information on the following topics: New downsizing cap available: Treasury releases draft legislation to allow those over 65 to make additional non-concessional contributions from the proceeds of selling their home. . Tax cut closed off for passive investment companies: The Government has released exposure draft legislation to deny access to the […]

September Newsletter available for download

Our latest eNewsletter includes information on the following topics: Work-related expense claims under scrutiny: The ATO has warned taxpayers to avoid making incorrect work-related expense claims at tax time this year. Employee travel expense deductions: A new draft ATO ruling covers transport expenses and expenditure incurred when employees travel away from home. Working holidaymakers and […]

End of Financial Year newsletter is available

Our latest eNewsletter includes information on the following topics: Tax assistance for people affected by Cyclone Debbie: The ATO will fast-track refunds and provide a range of other tax-related supports for individual and businesses within affected areas in QLD and NSW. ATO adds value to developing financial literacy: The ATO is helping teachers add tax […]

What does the recent Federal Budget mean to me?

Information on the key announcements made at the May 2017 Federal Budget can be seen in our special “Federal Budget” edition of our newsletter. Click here to view.

March/April Newsletter is here

Our latest eNewsletter includes information on the following topics: Ride-sharing drivers must register for GST: the ATO has advised that Uber drivers must register for GST, regardless of how much they earn from providing ride-sharing services. Tax offset for spouse super contributions: the ATO has reminded taxpayers that from 1 July 2017 the assessable income […]

February/March Newsletter

Our latest eNewsletter includes information on the following topics: ATO priority on settling case: The ATO places a high priority on resolving tax disputes early, including through reaching settlements where appropriate. ATO develops work-related expenses risk profiles: The ATO has developed work-related expenses risk profiles to help it identify how work-related expense deduction amounts compare […]

Christmas Shut Down Period

We would like to take this opportunity to thank you all for your continued support in 2016 and we look forward to working with you again in 2017. The team at Bonsella would like to wish you and your families a very merry and safe Christmas and New Year. Our office will be closed from […]