Single Touch Payroll
Do you have employees? Do you prepare payroll records? Things are changing from 1 July 2019, and YOU need to be ready! Single Touch Payroll is here! Single Touch Payroll is the biggest legislative change for employers since the introduction of the GST. No matter how many (or few) staff [...]
Are your casual employees truly casual?
In a significant decision which has widespread implications for the future employment of casual employees, WorkPac Pty Limited v Skene [2018] FCAFC 131 (WorkPac v Skene), the Full Court of the Federal Court upheld a decision finding that an employee - who was described as a casual, and paid accordingly, was in [...]
New unpaid family and domestic violence leave entitlements
Family and Domestic Violence Leave From the first full pay period on or after 1 August 2018, all employees (including casuals) that are covered by an award will be entitled to five (5) days of unpaid family and domestic violence leave each year. Employees can take the leave if they [...]
Cooper and Associates – where everyone counts
Cooper and Associates Accountants. More than just tax returns, we are your one stop shop, providing the highest level accounting, business and financial planning services to small to medium businesses. Cooper and Associates Accountants. Where everyone counts.
Proposed Imputation Credit Changes
We are hearing a lot about (yet more) proposed changes to superannuation. This time the income tax paid by companies which is passed on through dividends to shareholders (including EVERY superannuation fund in Australia) is under fire. So here is the simple truth. Every cent in franking credit refunds for [...]
Update on Curtis Island Bechtel workers
On 19 May 2017, the Administrative Appeals Tribunal heard the case of Adam Hamilton vs Commissioner of Taxation, better known as "Bechtel Bob's" test case. Deputy President I R Molloy handed down his decision yesterday, 26 May 2017. You can read the case decision here: http://www.austlii.edu.au/au/cases/cth/AATA/2017/734.html In summary: The taxpayer (and his [...]
Cooper & Associates acquires Monitor Taxation Services
We are pleased to announce that effective from 1 April 2016 Cooper & Associates Accountants acquired Monitor Taxation Services. Kaye, Tanya and all our friendly professional staff will continue to manage your accounting, taxation and financial planning needs. You can still rely on the same high quality, professional service that you [...]
Why do I have to provide my spouse’s income details in my Tax Return?
It's a question we often get asked by clients. So we've taken the time to explain why. Within your Income Tax Return, you must make a legal declaration whether you had a spouse during the year; where you answer ‘yes’ to this question then the Australian Taxation Office (ATO) require [...]
Travel Allowances
The Team has had quite a few queries from Taxpayers who work on the island about the Travel Allowances and Ferry Allowances they have been paid, so what say we talk about this issue. Some local Tax Agents have been recklessly claiming deductions on behalf of their Clients against these [...]
