NFP annual reporting requirements
November 30, 2023
The ATO has issued a reminder that not-for-profit entities with an active ABN will need to lodge an annual NFP self-review return from 2023-24. The return can be lodged at any time betwee...
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Major shake-up of accountancy bodies
November 30, 2023
The Treasurer has advised that the following three bodies which currently oversee financial reporting and set the reporting standards will be combined into a single entity:
Australian...
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ATO data-matching program for officeholders
November 9, 2023
The ATO has registered a gazette to acquire officeholder information from ASIC, the Office of the Registrar of Indigenous Corporations (ORIC) and the ACNC for 2023-24 to 2024-25.
The o...
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Minor Tax Rates
September 26, 2023
When it comes to minor tax rates for any financial year, it's important to note that eligible taxable income or unearned income for individuals under the age of 18 is subject to special tax...
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如何选择生意或投资结构？
September 15, 2023
在开始建立新业务、扩展现有业务或做出投资决策的旅程时，选择合适的法律和税务结构是一个至关重要的考虑因素。这个决策过程是复杂而多...
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How to choose the right business structure?
September 15, 2023
When embarking on the journey of establishing a new business, expanding an existing one, or making investment decisions, the choice of a suitable legal structure is a pivotal consideration....
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NFP self-review return requirements
September 7, 2023
The ATO has published guidance on changes requiring non-charitable not-for-profits (NFPs) with an active Australian business number to lodge an annual self-review return, to self-assess a...
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Rental property return errors
September 7, 2023
Nine in 10 rental property owners are getting their return wrong, according to the ATO, which is encouraging rental property owners and their tax agents to take care when lodging their re...
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Gavin Ma & Co’s reminder for small businesses for 30 June
June 29, 2023
We would like to reminde small businesses of three things to remember as 30 June 2023 approaches:
Small business boosts now available – a "bonus" 20% tax deduction for eligible expens...
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ASIC Fees Increase for 2023/2024 Financial Year
June 28, 2023
The increased fees will apply from 1 July 2023 to 30 June 2024.
Company Registration
– Registering a company name will increase to $576
Company Name Reservation
...
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