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  • ATO 2009-10 COMPLIANCE PROGRAM

    The ATO has released the 2009-10 Compliance program and below is a list of key priorities and activities that the ATO will focus its audit activity towards: Employee Share Schemes. Wealthy indiv..
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  • PAYROLL TAX

    All states and territories have announced an agreement for uniform payroll tax rules. Under the proposed new rules payroll tax will be paid to the jurisdiction where the worker resides, rather than wh..
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  • CHRISTMAS FUNCTIONS – FBT EXEMPTIONS

    With the festive season fast approaching, it may be useful to keep in mind that the FBT minor benefits exemption threshold is $300. This means that an employer can spend up to $300 on each employee an..
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  • NEED AN EXCUSE TO BUY SOME ART?

    The Tax Office has confirmed that an investment allowance of up to 50% of the purchase cost is available to small businesses, for the acquisition of artworks. The eligibility criteria are as follow..
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  • CLIENT CORNER

    ONYXtribal We would like to congratulate Marg Walker for her successful launch of ONYXtribal which brings classes in Women’s Tribal Fusion Dance to Castle Hill. www.onyxtribal.com ONYXtribal’s..
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  • AUSTRALIAN TAXATION OFFICE ACTIVITY

    -BY SHANE WINDSOR CA INVESTMENT ALLOWANCE UPDATE There have been some interesting developments since we last wrote about the investment allowance. Below is a summary of the impact of these develop..
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  • EMPLOYEE SHARE SCHEMES

    The ATO has announced further changes to the Employee Share Scheme arrangements which were announced in the 2009 Federal Budget. Under the proposed changes, a qualifying employee share scheme will be ..
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