Latest PTAM News

Geeked out with our latest news
Lake Macquarie Awards Season

Lake Macquarie Awards Season

It's awards season in Lake Macquarie The middle of the year brings with it many changes. Shorter days, colder nights and the promise of being beach body ready for Summer, even though I accept that this is never going to happen for me. For Team Precision, the middle of...

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ATO actions on trusts

ATO actions on trusts

The ATO says that it recognises that most trusts are used appropriately and for legitimate purposes. It says it will continue to help those who make genuine mistakes or are uncertain about how the law applies to their circumstances. But even so, the ATO has a number...

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3 hours ago
Punitive or insufficient? Debate rages on $10k cash limit

The measure, set to come into effect in just over four months from 1 January 2020, comes as a result of the final report of the Black Economy Taskforce, which recommended that the government ... See more

The accounting profession remains torn on the government’s proposal to criminalise business cash payments above $10,000, with one professional association calling it an extreme response to a ... See more

2 days ago
Do you earn more or less than the average Aussie?

New Australian Bureau of Statistics (ABS) figures show that the average Australian makes $1,643 per week. 💰💰💰

What do you think of these figures? 🤔

#Precision #PTAandM #Wages

New figures have revealed the average weekly ordinary time earnings for full-time adults in Australia in May 2019.

3 days ago
PAYGW fraud earns Newcastle woman 15 months’ house arrest

The Tax Office has secured a conviction against a New Lambton woman who fraudulently obtained and attempted to obtain over $63,000 in pay as you go withholding (PAYGW) tax credits in her income tax ... See more

The Tax Office has secured a conviction against a New Lambton woman who fraudulently obtained and attempted to obtain over $63,000 in pay as you go withholding (PAYGW) tax credits in her income tax ... See more

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