Tax Tips
The Federal Government announced measures that allow small business to instantly write off assets under $20,000 and that relieve energy bill pressures.
The Government has confirmed the revised stage three personal tax cuts that were announced prior to the Federal Budget being handed down and which have already been enacted into law.
If you are taking on an apprentice this year you may be eligible for subsidies through Australian Apprenticeships - a federal government initiative.
Please take note of the following rate changes that take effect from 1 July 2023 as some may apply to yourself or your business payroll:
The ATO has made changes to the way that working from home deductions can be claimed by eligible taxpayers for the 2023 income year.