Bonsella May Newsletter

Our latest eNewsletter includes information on the following topics: Federal Budget night shifts to 6 October 2020: The Australian Government recently announced that this year’s Federal Budget will not be handed down until 6 October 2020. Coronavirus cash flow boost payments explained: As of the second round of economic stimulus in response to the COVID-19 […]

Bonsella April Newsletter

Our latest eNewsletter includes information on the following topics: COVID-19: Australia’s governments and the ATO have made a huge number of announcements in recent weeks about measures to support individuals and businesses during the novel coronavirus pandemic. This issue summarises the main ATO administrative changes, concessions and payments, and ways to find more information Working […]

Bonsella March Newsletter

Our latest eNewsletter includes information on the following topics: Super guarantee loopholes closed: Until recently, loopholes in the law meant that your employer could count your salary-sacrificed amounts towards their super guarantee contribution amounts – essentially working against your intention to boost your super. ATO tackling international tax evasion: A recent coordinated effort by the […]

February Newsletter

Our latest eNewsletter includes information on the following topics: ATO backs down from controversial time limit ruling: The ATO has recently withdrawn Draft Miscellaneous Taxation Ruling MT 2018/D1, on the time limit for claiming input tax credits and fuel tax credits. ATO extends bushfire assistance: lodgments deferred: The ATO has announced an extension of the […]

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 […]