EOFY 2019 Newsletter

Our latest eNewsletter includes information on the following topics: Payment summaries and STP this tax time – taxpayers may need a myGov account : For the first time, as a result of the introduction of Single Touch Payroll (STP), taxpayers may need a myGov account in order to get the payment summary details they need […]

Unpacking the 2019 Federal Budget

Information on the key announcements made at the 2019 Federal Budget last night can be seen in our special “Federal Budget” edition of our newsletter. Click here to view.

Single Touch Payroll mandatory from 1 July!

Every employer will be required to use the Single Touch Payroll (STP) system from 1 July 2019. If you are still using a manual system to pay your staff, you will need to change soon. Recent legislative changes now remove the need for you to undertake a headcount to determine whether you have 20 or […]

February/March 2019 Newsletter

Our latest eNewsletter includes information on the following topics: Single Touch Payroll reporting for small businesses: get ready!: Legislation has recently passed to bring in STP reporting for all small employers from 1 July 2019. Super guarantee compliance: time to take action : The government’s latest initiatives targeting non-compliance with SG obligations give businesses plenty […]

December Newsletter

Our latest eNewsletter includes information on the following topics: Tax time 2018: The ATO expects that 200,000 people could miss out on a tax refund this year because they haven’t lodged a tax return. Combating the black economy: Electronic sales suppression tools that misrepresent or hide business income are now banned. Bringing forward business tax […]

Christmas shutdown period

The Bonsella offices will be closed from Friday 21st December 2018 and will re-open on Wednesday January 2nd 2019. We wish you all a very Merry Christmas and a Happy New Year.

October/November Newsletter

Our latest eNewsletter includes information on the following topics: Claiming work-related expenses: ATO education campaign to help correctly claim work-related expenses using its guides and toolkits. Illegal phoenix activity: Public examinations of more than 45 entities have commenced in the Federal Court. Banking Royal Commission sets out possible super contraventions: Closing submissions on super entities […]

September Newsletter

Our latest eNewsletter includes information on the following topics: Super sector must address trust deficit: ASIC Chair James Shipton says the superannuation sector must be more mindful of the responsibilities that come with being the custodians of other people’s money. Call to boost instant asset write-off to $100,000: Australian Small Business and Family Enterprise Ombudsman […]

August Newsletter

Our latest eNewsletter includes information on the following topics: Personal tax cuts now law: The legislation to enact the Government’s seven-year personal income tax reform plan passed Parliament on 21 June 2018. Major ATO focus on work-related clothing and laundry this tax time: In 2017 around six million people made claims for work-related clothing and […]

EOFY newsletter is here!

Our latest eNewsletter includes information on the following topics: Deferring derivation of income: Tips to defer the recognition of income. Bringing forward tax-deductible expenses: Tips to bring deduction claims forward into 2018. Business considerations: A look at company tax rates, imputation, small business deductions and concessions. Individual considerations: The end of the Budget repair levy, […]