tax-news

TAX RETURN CHECKLIST 2015

OUR UPDATED TAX RETURN CHECKLIST FOR 2015: PAYG summaries from employers, Centrelink and/or superannuation funds Lump sum payments (e.g. Employ...

Federal Budget Report 2015

HIGHLIGHTS: The 2015 Federal Budget presented in the Federal Government by the Treasurer, Mr Joe Hockey, will affect most, if not all sections of the ...

Lodgement Program

28, April 2015 Quarterly activity statement for the period 1st January, to 31 March, 2015 (paper lodgement) due date for lodging and paying. Qua...

Compliance Lodgement Dates: 1 October 2014 to 31 December 2014

As we have already entered the second quarter of the 2014/2015 financial year, we would like to take the opportunity to let you know of some important...

Superannuation Accounting

We here at Gotsis Accounting can assist you with all of your superannuation accounting and tax matters, as we have helped many of our clients. To begi...

Key Changes In 2013/14 Individual Tax Return

This article gives you an idea of the key changes in individual income tax return for the 2013/14 tax year. Below we have summarised the key change...

Annual PAYG Installments 2014

The Australian Taxation Office (ATO) has started issuing the PAYG Annual Installment notices.The amount nominated in the PAYG notice is based on the u...

Choosing Your Business Structure

When entering into a new business venture, it is common for business owners to consider the type of business structure to use. It is important to choo...

Valuation Requirements For Self-Managed Superannuation Funds

Whilst it has always been best practice to value the assets of self-managed superannuation funds (“SMSFs”) at market value when preparing its fina...