by Peter McCarthy | May 13, 2022 | Lifestyle, Taxation
Putting together your Estate Plan probably isn’t at the top of your priority list. For various reasons, it is typically something that people don’t want to do. It’s not fun to think about what we need to do before we go, and we tend to believe that...
by Peter McCarthy | Jun 20, 2021 | Taxation
Preparing for End of the Financial Year (EOFY) information can often feel stressful. It can be overwhelming, and it can make the EOFY feel daunting. There are reports to review and receipts to sort out, and you need to make sure you have all the correct information...
by Peter McCarthy | Aug 19, 2020 | Taxation
The COVID-19 pandemic has placed property owners, and tenants in many cases, in unfamiliar territory. Many tenants have been paying reduced rent or ceased paying because their income has been negatively affected. While rental income may reduce, owners will continue to...
by Peter McCarthy | Jul 22, 2020 | Taxation
This Tax Season is the second following the introduction of Single Touch Payroll. So it makes sense that many people are unsure about what is happening with Payment Summaries (formerly Group Certificates) again this year. For most people, what was their old payment...
by Peter McCarthy | Apr 24, 2020 | Taxation
The ATO says it can help if you have lost tax records due to a natural disaster such as a bushfire. It says it can achieve this by providing on-site visits to help you reconstruct lost or destroyed tax records and/or assistance to work out reasonable estimates if you...
by Peter McCarthy | Apr 22, 2020 | Business Management, Taxation
If you are running a business, you can no longer claim deductions for payments to employees/workers if you have not met your Pay As You Go PAYG Withholding obligations. What is PAYG Withholding? As an employer, you have a role to play in helping your payees meet their...
