If you have been using the ATO Small Business Super Clearing House (SBSCH) as your SuperStream service please be aware that the way you access this service is changing. The current system will no longer be available from close of business on 19 February 2018. The Small Business Super Clearing [...]
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 [...]
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 [...]
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 [...]
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 [...]
