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July - 2019 Practice Update covers the following points:
- 'Cash in hand' payments to workers no longer tax deductible.
- Uber drivers not employees.
- Making a Division 293 election.
- ATO targeting false laundry claims.
- Lifestyle assets data matching program.
- Tax time tips for small business.
- Fixing incorrectly issued excess NCCs determinations.
- Car parking threshold for 2020 FBT year.
- Trustee obligations on the ATO's radar: TFN reports.

A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable income in the current year.

Please review our checklist so you know what documents you will need for completing your 2018/19 tax return. 

June - 2019 Practice Update covers following points:
- Single Touch Payroll Update
- Employees and payment summaries
- Cryptocurrency data matching program
- Tax office to double audits of 'dodgy' rental deductions
- Paying super to backpackers
- New rules for immediate write-offs

- Changes to the small business instant asset write-off.
- Tax scammer alert.
- Non-complaint payments to workers.
- What’s new for Australian business.

-Division 293 assessments.
-Claims for home office expenses increased.
-MYEFO report.
-Taxation of income for an individual’s fame or image.

Click here for January/February – 2019 Practice Update