by Swot Accoountants | Mar 13, 2020 | Business News, Coronavirus (COVID-19)
Business instant asset write-off increased from $30,000 to $150,000 (to run until 30 June 2020) Access to the write-off expanded to include businesses with an aggregated annual turnover of up to $500 million (up from $50 million) In addition, small businesses will...
by Swot Accoountants | Mar 13, 2020 | Business News, Business Training
Business Masterclass Workshop Are you ready to start your own business or take your existing business to the next level, but don’t know how? Do you have some great business ideas, but don’t know how to make them work? Or maybe, you’re just feeling overwhelmed by all...
by Swot Accoountants | Mar 11, 2020 | Penalties, Super
The government has approved a superannuation guarantee (SG) amnesty to encourage and allow employers to disclose and correct any historical unpaid SG from 1 July 1992 to 31 March 2018, without incurring the administration or Part 7 penalties. To be eligible for the...
by Swot Accoountants | Mar 9, 2020 | Capital Gains Tax (CGT), Tax & Compliance
Did you know that the Australian Taxation Office (ATO) receives information from cryptocurrency-designated service providers about Australian taxpayers who engage in buying, selling, exchanging or transferring cryptocurrency since the 2014/2015 financial year? The ATO...
by Swot Accoountants | Mar 6, 2020 | Business News, Tax & Compliance
Ridesharing services have taken Australia by storm, but not every contractor-driver has done their good tax planning. Don’t worry though, you can get organised and make sure you’re on top of your tax obligations. Did you know there are many tax benefits of being a...