Practice Update June 2020

We have placed measures to help with health and safety for our Clients. Please ensure that you use the Sanitizer provided when you arrive for your appointment.

We are now happy to announce an increase to our firms accessibility options, this year you can remove the hassle of travelling with an Email, Skype, or Facetime appointment. 

As more people are working from home, we know it can be hard deciding what to claim when lodging your tax return so feel free to contact our office for advice.

The ATO has also announced a scheme to give employers credits through a Cash flow boost system for PAYG withholding. You can find more information by contacting us or visit our website.

The ATO has increased the Instant Asset write off from $30,000 to $150,000. Visit our website or the ATO’s for more information.

One thing you might be aware of is using voluntary super contributions to lessen the Tax burden for the next financial year, saving you money. Please contact our office for more information.

The ATO has allowed for the Early Release of Super to the amount of $10,000 for those experiencing financial hardship. Please contact our office for more information

For Clients looking to claim deductions for using their motor vehicle, the ATO has advised for people to keep a logbook up to 13 weeks outlining kilometres used. Contact our office for more information. 

Clients who have rental properties, visit our website to download our rental expenses worksheet form.

Are you an Employer who has just has lost 30% of business income from March onwards, you may be entitled to Government support for your employees. 

This support also includes those that are Sole Traders and in Partnerships. Please contact our office for further information.