Keeping up with the latest in the accounting news.

General

Tax Cuts become law

Posted by Todd Hodkinson on August 8, 2019

The Government has announced that more than 10 million Australians will receive immediate tax relief following the passage of legislation through the Parliament, which increases the top threshold for the […]

General

Policy arguments against Labor’s proposed $3,000 cap on deductions for managing tax affairs

Posted by Todd Hodkinson on May 16, 2019

As your accountant and tax adviser, we strongly oppose the proposal by the Australian Labor Party to cap at $3,000 the annual tax deduction Australians can claim for the cost […]

General

Federal Budget 2019

Posted by Todd Hodkinson on April 11, 2019

Never before have I seen a greater difference in the two major Australian political parties and their respective tax policies.  Ordinarily, both parties want (or at least they say they do), lower […]

General

tax policy

Franking credit removal hurts all Australians

Posted by Todd Hodkinson on February 22, 2019

Recently there have been a number of bold tax policy announcements from Mr Shorten and the ALP.  I have been proponent of tax reform for years, and have always said that the tax system should encourage […]

General

Payroll

The biggest change for compliance in business since the introduction of GST.

Posted by Todd Hodkinson on December 9, 2018

For the past 6 months, Single Touch Payroll has been a requirement for businesses with more than 20 employees or more.  This single touch payroll has been toted as being the biggest compliance change […]