by Investment Plus Accounting Group | Jul 28, 2023 | Small Business
When first thinking about how to start a business, not many people worry about structure. But your business structure can affect how you’re treated by the government and by the law. Here are some of the ins and outs. The main types of business structure are sole...
by Investment Plus Accounting Group | Jul 11, 2023 | EOFY, Government Grants, Government Support, Superannuation, Tax & Accounting
The start of each financial year usually brings with it a host of tax changes that SMEs need to be aware of, as well as a range of other regulatory changes that affect large sections of the Australian business community. From an increase in the national minimum wage...
by Investment Plus Accounting Group | Jun 29, 2023 | ATO, How To, Investment Property, Property Tax, Property Trusts, Tax & Accounting, Tax Deductions
The Australian Taxation Office has made it clear to landlords that they are a primary focus of scrutiny this tax season, announcing a far-reaching expansion of its data-matching capabilities. The crackdown has been prompted by an ATO review that found 90 per cent of...
by Investment Plus Accounting Group | Jun 29, 2023 | ATO, EOFY, How To, Income Tax, Tax & Accounting, Tax Deductions, Tax Refunds
Its Tax Time again and as you prepare for lodging your return we want to ensure why you need to understand the importance of lodging your returns and fulfilling your tax obligations. Lodging an income tax return is an important financial responsibility for individuals...
by Investment Plus Accounting Group | Jun 8, 2023 | How To, Income Tax, Superannuation, Tax & Accounting, Tax Refunds
Did you know that you can make a concessional superannuation contribution and get $5000 or more as a tax refund this year? Super concessional contribution caps There is a limit on how much you can put into super each year from your pre-tax income. Such contributions...