December Newsletter & Christmas Shutdown period

Our latest eNewsletter includes information on the following topics: ATO debts may affect your credit rating: Businesses with tax debts need to be aware that the ATO will now be able to disclose the details of their tax debts to credit ratings agencies. Crowdfunding: is it income?: Crowdfunding has fast become a go-to strategy for […]

November newsletter

Our latest eNewsletter includes information on the following topics: Getting the benefit of your business tax losses: If you’re a sole trader or individual partner, you may be able to use your business tax loss to offset other assessable income you earn personally. Downsizer super contributions: getting it right: “Downsizer” contributions let you contribute some […]

New payment options at Bonsella

We are pleased to announce that we are offering three new ways to pay your Bonsella invoice. For more information, click the interactive link on your invoice. You will be directed to our secure payment portal where you can choose from the following payment options: • Payment via Electronic Funds Transfer (EFT) • Payment by […]

October Newsletter

Our latest eNewsletter includes information on the following topics: Small business income tax gap: ATO update: New figures released by the ATO estimate that almost 90% of income tax from small businesses is paid voluntarily or with little intervention from the ATO. ATO sets its sights on undisclosed foreign income: The ATO is reminding taxpayers […]

September Newsletter

Our latest eNewsletter includes information on the following topics: Warning to watch out for myGov tax scams: The government’s Stay Smart Online website warns there has been a surge in scammers impersonating myGov and the ATO to trick people into giving them money or personal details. ATO has refunded $10 billion so far: The ATO […]

August Newsletter

Our latest eNewsletter includes information on the following topics: ATO will inform certain tax agent clients their information is “Tax ready”: Where employers report through STP and clients are linked to ATO online services through myGov, the ATO will inform via myGov that their end of year payment summary (income statement) is “Tax ready”. Top […]

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 […]