by PTAM | Jun 23, 2016 | Accounting
It’s likely that most readers will know the term “bracket creep”, but less likely to know the impact this phenomenon will have on their hip-pocket. Or the impact that has already occurred. In many ways, bracket creep is the elephant in the room. When the goods and...
by Peter McCarthy | Jun 17, 2016 | Accounting, Staff
Two years ago at 9:00 on 17th June 2014 Kelly Eke started her first day at PTAM. Two years ago at 9:00 we sat down for coffee to brainstorm “what’s next” and we haven’t looked back. We worked from a spare room in my home, I had never heard of...
by PTAM | Jun 1, 2016 | Accounting
Recently, scammers have been calling people pretending to be ATO officers, and demand that a “tax debt” be paid off using iTunes gift cards as a form of payment. Assistant Commissioner Janine Clark said that based on recent reports made to the ATO, iTunes gift cards...
by PTAM | May 9, 2016 | Accounting, Superannuation
Severe financial hardship, terminal illness, specified compassionate reasons, permanent incapacity and other limited circumstances can serve as grounds for withdrawing pre-retirement or preserved super. Strict rules do apply to regarding emergency access to...
by PTAM | May 5, 2016 | Accounting
On Tuesday 3rd of May 2016 the Federal Treasurer Scott Morrison delivered his first budget titled “Jobs & Growth”. Who were the big winners on Budget night and what do the changes actually mean to you? Superannuation reform changes New lifetime cap for...
by PTAM | Apr 17, 2016 | Accounting
Although the transition to Standard Business Reporting (SBR) might be getting a lot of attention, there are several other strategic digitally-based analytics projects underway at the ATO. For example, its Smarter Data Program, which the ATO pre-empted through its...
