taxation Archives - Notch Above Bookkeeping

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Review your EOFY employer tax and super obligations

June 10, 2024

If you’re an employer, it’s time to review your end of financial year (EOFY) employer tax and super obligations.

Get Set for Significant Changes from January 2024

January 24, 2024

From 1 January 2024, several changes have been implemented, bringing a mix of positive and negative impacts for various segments of the population.

Christmas parties and gifts

December 11, 2023

In this article we share the ATO's intricacies around Fringe Benefits Tax (FBT) regulations for business Christmas parties and gifts.

1 July Changes

July 3, 2023

There are legal, financial and other changes your business will have to be across right now. Not sure what they are or what to do? Don’t worry, we outline the key ones here.

Australian financial year calendar FY22

June 24, 2022

A lot of things need to happen between the end of financial year (EOFY) and tax time. Here are the dates and deadlines to keep in mind when getting tax ready.

Digital and Skills Tax Boost for Small Businesses

April 11, 2022

The Government is delivering $1.6 billion in tax relief to support small businesses to go digital and upskill their employees.

The ATO's fuel tax credit calculator includes the latest rates and is simple, quick and easy to use. You can use it to work out the fuel tax credit amount to report on your business activity statement (BAS).

ATO Payment Plans

September 27, 2021

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Did you know that the Australian Taxation Office (ATO), one of the biggest creditors to small business, allows payment of tax debt by instalments as an option?