Yearly Archives: 2015

You may recall the OSR NSW introduced the Jobs Action Plan rebate for  employers paying payroll tax. From 23 Nov 2015 OSR will stop processing applications if they are received more than 90 days from start date of new position. Refer more at  http://www.osr.nsw.gov.au/taxes/payroll/jap    

Back in 2015 the Government introduced an immediate deduction for small business start-up expenses incurred from 1/7/2015. Eligible expenses include any accounting or legal advice relating to setting up proposed structures or the operation of the business and any payments to Australian government agencies for a fee, tax or charge incurred in establishing or setting […]

The ATO have released a detailed guide on how these expenses should be claimed. Essentially if the deduction to be claimed is greater than $50 a representative 4 week record must be kept. Evidence that your employer requires you to incur these expenses will assist in the claim. See link at Claiming Mobile Phone, Internet & […]

The ATO have been looking closely at this area for many years now and I’m asked quite often “how the ATO will view as a genuine contractor?” Only contractors and sub contractors that fall into the ATO’s definition are eligible for the full range of deductions applicable to the assessable  income derived. The ATO have […]