by epoch | Aug 15, 2023 | eNews
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with...
by epoch | Aug 1, 2023 | eNews
If your business sells food and drinks, it’s important to stay on top of what attracts GST and what doesn’t. Did you know the ATO regularly updates a list of foods for which GST applies? You can check out the latest tax office food list here.
by epoch | Jul 5, 2023 | eNews
Employers & business Superannuation guarantee increases to 11% from 10.5% National and Award minimum wage increases take effect. The minimum salary that must be paid to a sponsored employee – the Temporary Skilled Migration Income Threshold –...
by epoch | Jul 5, 2023 | eNews
The 120% skills, training, and technology costs deduction for small and medium businesses have passed Parliament. We’ll show you how to take maximise your deductions. Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for...
by epoch | Jul 5, 2023 | eNews
The digital games and interactive entertainment sector is the most significant creative sector globally and one of the fastest-growing industries worldwide. The global digital games industry is worth around $250 billion and, in Australia, grew 22% between 2020 and...
by Mark Cusack | Jun 8, 2023 | eNews
Tax deductions for topping up super You can make up to $27,500 in concessional contributions each year, assuming your super balance has not reached its limit. Suppose the contributions made by your employer or under a salary sacrifice agreement have not reached this...