Tax Tips: Businesses 2023
June 9th 2023
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other ex..
June 9th 2023
Common Tax Deductions for Small Business Are you claiming all the business tax deductions that you are entitled to? There are many expenses common to most small business, and there are other ex..
December 15th 2022
Christmas is a great time to acknowledge and reward your employees and other associates by celebrating and giving gifts. But don’t get caught out by entertainment rules! Claiming entertainment and ..
July 5th 2022
It’s not too late to complete any last minute tax tasks before the clock runs out on this financial year. Final reminders and tips for business owners to get your tax in order by 30 June. Sup..
July 5th 2022
With the end of the financial year upon us, these Superannuation tax planning strategies and task need to be finalised before 30 June 2022. Contributions Super Guarantee Effective July 1..
December 14th 2020
Reminder to report to the ATO if you’ve employed a job seeker aged 16-35 years in the period since October 7, 2020 as part of the JobMaker Hiring Credit Scheme. Reporting can be done when you co..
March 31st 2020
Updated as at 31 March 2020 Important note: Federal Government measures still need to pass parliament, however Labor has pledged to support the legislation for these measures. Business – Federal Go..
March 19th 2020
What does the tax office look for in assessing whether a professional business owner is paying the correct amount of tax? That's a very good question, and welcome to CIB Accountants. The answer to thi..
March 19th 2020
The key reason behind this is because they want you to succeed as a business owner. The reason being that if you're succeeding over time as being a business owner, you'll pay more tax to the..
March 19th 2020
The Australian Government has recently announced the introduction of new disclosure rules and fees for all foreign investment in Australia. The current rules require the following investors to regist..
March 19th 2020
Crowdfunding is the practice of using social media and the internet to raise funds and supporters for a particular project or venture. There may be tax consequences if you are involved in crow..