by admin | Mar 24, 2022 | Frontpage Article, Tax Facts
Is your business at risk of a nasty Fringe Benefits Tax surprise? We’ve outlined the ATO’s ‘red flags’ for employers and employees. FBT updates and problem areas: COVID-19 assistance and benefits Motor vehicle problem areas ATO ‘red flags’: Where deductions claimed...
by admin | Mar 8, 2022 | Articles of Interest, Frontpage Article
An Update from HFB Digital Solutions In 2017, Google introduced a Questions and Answers section for Google My Business, which allows customers to ask businesses questions on Google My Business. They appear on their profiles and in search engine results pages (SERPs)....
by admin | Mar 8, 2022 | Articles of Interest, Frontpage Article
Temporary full expensing enables your business to fully expense the cost of: new depreciable assets improvements to existing eligible assets, and second hand assets in the first year of use. Introduced in the 2020-21 Budget and now extended until 30 June 2023, this...
by admin | Mar 8, 2022 | Articles of Interest, Frontpage Article
Have you paid your employees superannuation late? Super funds are now sharing more data with the Australian Tax Office (ATO) – including timing of contribution payments – allowing the ATO to check whether employers are paying the right amount of super guarantee...
by admin | Mar 8, 2022 | Articles of Interest, Frontpage Article
Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume that if they hire independent contractors they will not be...
by admin | Mar 8, 2022 | Articles of Interest, Frontpage Article
The Federal Budget has been brought forward to 29 March 2022. With the pandemic and the war in Ukraine we have seen a lot less commentary this year about what to expect in the Budget. But – as an election budget – we typically expect to see a series of...
