GST is a 10% tax paid on most goods and services sold or consumed in Australia. You must register for GST if you: run a business or enterprise that has a turnover of $75,000 or more per yearrun a not-for-profit organisation that has a turnover of $150,000 or more per...

The ATO has granted an automatic two-month deferral for lodgements and payments to those impacted by the ongoing bushfire crisis. If you’ve been impacted by these bushfires, ATO doesn't want you to be concerned about your tax affairs. Now is the time for you, your...

Last week, a local court has sentenced a 33-year old Sydney man after pretending to be a tax agent and charging several people a fee to lodge their tax returns, only to then steal their refunds. The fake tax agent pretended to be a genuine tax agent to more than 1,000...

All the Christmas gifts fall under 4 categories. Entertainment gifts which cost more than $300Entertainment gifts which cost less than $300Non-Entertainment gifts which cost more than $300Non-Entertainment gifts which cost less than $300 Now let's look at each of...

Have you considered your tax obligations as an airbnb host? Extra income from your airbnb business will result in more taxes for you. But also you will be able to claim business-related expenses when you are running it as a business. You can claim expenses such as,...