Our latest eNewsletter includes information on the following topics: Project DO IT nearing end, taxman focus on non-disclosure: The ATO says it is far more concerned with people who don’t disclose their offshore income than those who do. Inbound tour operators to contact the ATO: The ATO has issued a statement following a case which […]

Our latest eNewsletter includes information on the following topics: Budget Levy from 1 July 2014 : The Temporary Budget Repair Levy is now law. PAYG instalment threshold changes: The ATO has confirmed the Government’s recent announcement that the pay-as-you-go (PAYG) instalment thresholds will change. ATO mining data to find offshore tax evaders: The ATO says […]

We have created a tax calendar to download and print. We have a number of copies available at reception and you can also find these calendars ready for download from the Publications page on our website. These calendars provide useful information on important tax dates and relevant thresholds to help ensure relevant taxation obligations are […]

Our latest eNewsletter includes information on the following topics: Tax amnesty for undeclared offshore income: The ATO has launched a voluntary disclosure initiative known as “Project DO IT: disclose offshore income today”. ATO targeting online sellers: The ATO has announced a data-matching program targeting eBay online sellers. Review of small business tax hurdles: The Board […]

A special edition newsletter summarising the key announcements from the 2014 Federal Budget. If you have any questions in relation to how the budget outcomes may affect you, please contact our office to discuss these queries with an accountant. 02 6257 4144. Click here to view our special edition newsletter.

Our latest eNewsletter includes information on the following topics: Deferring Assessable Income – Tips for deferring the recognition of income. Maximising Deductions – Tips for accelerating the claim for deductions. Companies – Avoiding Div 7A implications, registering for the R&D tax incentive, etc. Trusts – Important announcements and considerations. Capital Gains Tax – Tips on […]

Our latest eNewsletter includes information on the following topics: Local government payments in ATO sights- The ATO says it will acquire details of entities receiving taxable payments from local government council and shire authorities. Tax bill for transfer of land to joint development trust – A taxpayer has been unsuccessful in challenging a tax bill […]

Our latest eNewsletter includes information on the following topics: Tax changes following carbon tax and mining tax repeal- Abbott government has introduced into Parliament proposed legislation to repeal the carbon tax and the mining tax. No GST following purchase of leased apartments – The Full Federal Court has found in a taxpayer’s favour in a […]

Our latest eNewsletter includes information on the following topics: Beware of artificial trust arrangements to avoid tax- The ATO is aware of arrangements where discretionary trusts are being used to avoid paying taxes. Extra 15% super contributions tax for high income earners – Early next year, the ATO will start issuing assessments for the new […]

Click the link below to see the Bonsella feature article in a recent City News magazine publication: City News Feature