We send regular tax and accounting newsletters to our clients. We believe this will alert them to important tax and accounting issues on an ongoing basis. We have included copies of our newsletters below.
Client Alert – April 2021
It’s time to consider FBT
If your business has provided any…
March 30, 2021/by AdminExplanatory Memorandum – April 2021
It’s time to consider FBT
The ATO has issued a worksheet which…
March 30, 2021/by AdminClient Alert – March 2021
Tax implications of having more than one job
With insecure,…
March 2, 2021/by AdminExplanatory Memorandum – March 2021
Tax implications of having more than one job
With insecure,…
March 2, 2021/by AdminClient Alert – February 2021
ATO warning: watch out for tax avoidance schemes
Tax planning…
February 2, 2021/by AdminExplanatory Memorandum – February 2021
ATO warning: watch out for tax avoidance schemes
To many individuals,…
February 2, 2021/by AdminClient Alert – December 2020
Coronavirus Supplement extended (but reduced)
The Federal Government’s…
December 2, 2020/by AdminExplanatory Memorandum – December 2020
Coronavirus Supplement extended (but reduced)
The Federal Government’s…
December 2, 2020/by AdminExplanatory Memorandum – November 2020
Budget personal tax cuts and business concessions now law
The…
November 3, 2020/by AdminClient Alert – November 2020
Budget personal tax cuts and business concessions now law
Several…
November 3, 2020/by AdminExplanatory Memorandum – October 2020
Keeping you informed about the Federal Budget
The Australian…
October 1, 2020/by AdminClient Alert – October 2020
COVID-19 and FBT: updated ATO advice
The ATO has updated its…
October 1, 2020/by AdminDeath And Taxes: ATO Improvements Coming Soon?
In a bid to improve the experience of taxpayers when dealing…
September 11, 2020/by AdminClient Alert – September 2020
JobKeeper changes: turnover test and employment start date
Prime…
September 8, 2020/by AdminExplanatory Memorandum – September 2020
JobKeeper changes: turnover test and employment start date
Prime…
September 8, 2020/by AdminExplanatory Memorandum – August 2020
Federal Government releases economic update
On 23 July 2020,…
August 5, 2020/by AdminClient Alert – August 2020
Federal Government releases economic update
On 23 July 2020,…
August 5, 2020/by AdminDirector Identification Number – A permanent identifier under new laws
The Australian Federal Government has implemented legislation…
July 10, 2020/by AdminExplanatory Memorandum – July 2020
Tax time 2020 is here
Don’t jump the gun and lodge too early
Tax…
July 3, 2020/by AdminClient Alert – July 2020
Tax time 2020 is here
Don’t jump the gun and lodge too early
Tax…
July 3, 2020/by AdminNew $ 3k grants for small businesses and change to payroll tax threshhold
From 1 July, NSW small businesses will be able to apply for a…
July 1, 2020/by AdminExplanatory Memorandum – June 2020
Treasury revises down estimated JobKeeper cost by $60 billion
The…
June 2, 2020/by AdminClient Alert – June 2020
Treasury revises down estimated JobKeeper cost by $60 billion
The…
June 2, 2020/by AdminExplanatory Memorandum – April 2020
Coronavirus cash flow boost payments explained
As a part of…
April 27, 2020/by AdminClient Alert – April 2020
Coronavirus cash flow boost payments explained
As of the second…
April 27, 2020/by AdminExplanatory Memorandum – March 2020
Super guarantee loophole closed
A superannuation guarantee loophole…
March 6, 2020/by AdminClient Alert – March 2020
Super guarantee loopholes closed
The concept of a superannuation…
March 6, 2020/by AdminExplanatory Memorandum – February 2020
ATO backs down from controversial time limit ruling
In 2018,…
February 18, 2020/by AdminClient Alert – February 2020
ATO backs down from controversial time limit ruling
In 2018,…
February 18, 2020/by AdminForeign Resident CGT Regime
The government had announced that Australia's foreign resident…
November 8, 2019/by AdminExplanatory Memorandum – November 2019
Getting the benefit of your business tax losses
Made a tax loss?…
October 29, 2019/by AdminClient Alert – November 2019
Getting the benefit of your business tax losses
When you’re…
October 29, 2019/by AdminExplanatory Memorandum – October 2019
Small business income tax gap: ATO update
New figures released…
September 27, 2019/by AdminClient Alert – October 2019
Small business income tax gap: ATO update
New figures released…
September 27, 2019/by AdminSG amnesty resurfaces in Parliament
The proposed SG amnesty is now back on the table after more than…
September 20, 2019/by AdminNon-compliant payments to workers: is your tax deduction at risk?
Recent changes to tax law give employers greater reason…
September 13, 2019/by AdminSuper “Opt Out” Choice For High Earners
Are you a medical professional or company director hired by…
September 10, 2019/by AdminExplanatory Memorandum – September 2019
Warning to watch out for myGov and ATO tax scams
The government’s…
September 6, 2019/by AdminClient Alert – September 2019
Warning to watch out for myGov and ATO tax scams
The government’s…
September 6, 2019/by AdminATO provides voluntary disclosure update
The ATO has encouraged SMSFs and their auditors to voluntarily…
September 3, 2019/by AdminCapital Gains Tax And Death: It’s Not The End Of The World
There is enough pain and anguish when someone dies, so fortunately…
August 23, 2019/by AdminExplanatory Memorandum – August 2019
ATO will inform certain tax agent clients their information is…
August 16, 2019/by AdminClient Alert – August 2019
ATO will inform certain tax agent clients their information is…
August 16, 2019/by AdminTax Time 2019: Your Payment Summary Is Changing
If you're an employee, there are a few things you need to know…
August 9, 2019/by AdminWhy didn’t my SMSF auditor check that?
SMSF auditors are the last link in a long superannuation chain…
August 6, 2019/by AdminCorporate Tax Rates: Recent Changes Give Certainty
There are two categories of companies when it comes to the corporate…
July 30, 2019/by AdminStill Unsure About The Instant Asset Write-Off?
If you're thinking about purchasing some new equipment for your…
July 26, 2019/by AdminThe Australian Tax Office hotspots 2019 — do they apply to you?
Every tax time, the ATO focuses on certain hotspots where taxpayers…
July 9, 2019/by AdminThe Government has delivered tax cuts. So how much will you get?
The Government's income tax cuts have been passed by the Senate.
It…
July 5, 2019/by AdminTax Tips for Small Business
PRE-1 JULY 2019 TO-DO LIST
Make trust resolutions
Document…
July 2, 2019/by AdminTAX TIPS FOR INVESTORS
RENTAL PROPERTIES
The ATO has received a large boost in funding…
June 28, 2019/by AdminTax Tips For Employees
CLAIM WORK-RELATED DEDUCTIONS
Claiming all work-related deduction…
June 25, 2019/by AdminClients warned on possible car review
Vehicle-related expenses and even the make and model of the car…
June 21, 2019/by AdminUS tax net expansion to hit Aussie clients
In all the hoopla over the US corporate tax cuts, introduced…
June 18, 2019/by AdminHow Much Tax Is Taken Out Of My Super Withdrawals?
If you're aged 60 or over, you usually won't pay any tax on super…
June 14, 2019/by AdminATO fires warning ahead of tax time
The ATO has released a wide range of case studies of taxpayers…
June 11, 2019/by AdminCGT Strategy highlighted with work test exemption
In December last year, the government finalised the regulations…
June 4, 2019/by AdminGetting Your Small Business Ready For STP Reporting
From 1 July 2019, Single Touch Payroll (STP) reporting will…
May 31, 2019/by AdminWhat Does “Retirement” Mean For Super Access Purposes?
Recently, AMP reported that its superannuation support team…
May 28, 2019/by AdminATO tweaks ABN application process
The tax office has amended its Australian business number application…
May 24, 2019/by AdminSMSF Benchmark Report – Class
Class provides detailed analysis of newly established SMSFs,…
May 20, 2019/by AdminSingle Touch Payroll – Do it Once, do it Right
IN BRIEF
The new Australian Single Touch payroll system…
May 14, 2019/by AdminSolicitors Trust Account Audit March 2019
For any Law Practitioner, the Law Society requires an audit of…
May 7, 2019/by AdminATO Benchmarks A Handy Business Check-up
The ATO has released its latest benchmark data to help businesses…
May 3, 2019/by AdminCompulsory Super: How Can You Speed Up Your Retirement Savings?
"Superannuation guarantee" (SG) contributions are the minimum…
April 30, 2019/by AdminThree Common CGT Obstacles For Homeowners
In straightforward cases, a property owned by individuals and…
April 18, 2019/by AdminIncreased Super Thresholds For 2019-20
While the concessional and non-concessional contributions caps…
April 16, 2019/by AdminExplanatory Memorandum April 2019
Things to get right this FBT season
Fringe benefits tax (FBT)…
April 4, 2019/by AdminBUDGET – SPECIAL EDITION
PERSONAL TAXATION
Personal tax cuts: low–mid tax offset increase…
April 4, 2019/by AdminClient Alert – April 2019
Things to get right this FBT season
Fringe benefits tax (FBT)…
April 4, 2019/by AdminHow Does Listing My Home On Airbnb Affect My Tax?
Millions of Australians are now using the sharing economy to…
April 2, 2019/by AdminTax residency rules reassessed in recent Full Federal Court decision
The recent Full Federal Court decision of Harding v Commissioner…
March 29, 2019/by AdminGreater Flexibility For Accessing Company Losses
The ability to carry forward tax losses is important for business…
March 22, 2019/by AdminGet your Rental Property claims right
Claims for rental property tax deductions contain errors in 90…
March 19, 2019/by AdminNew PAYG laws to place focus on on-time BAS lodgment
Late last year, new legislation to deny an income tax deduction for…
March 12, 2019/by AdminStatement from Commissioner Chris Jordan about transition to Single Touch Payroll for small employers
The ATO has provided a tailored approach to comply with STP for…
March 8, 2019/by AdminDownsizer Superannuation Contributions
In an effort to reduce pressure on housing affordability, the…
March 5, 2019/by AdminExplanatory Memorandum March 2019
Single Touch Payroll reporting for small businesses: get ready!
Parliament…
March 1, 2019/by AdminClient Alert March 2019
Single Touch Payroll reporting for small businesses: get ready!
Legislation…
March 1, 2019/by AdminReforming The Taxation Of Discretionary Trusts
A key feature of discretionary trusts is the ability to distribute…
February 26, 2019/by AdminFairer dealings at the ATO, especially for small business
IN BRIEF
ATO Second Commissioner Andrew Mills says the ATO…
February 22, 2019/by AdminNew “work test” exemption for recent retirees
Many superannuation members are surprised – and sometimes…
February 19, 2019/by AdminDeemed Dividend Rules: New 10-Year Loan Model
Division 7A is a long-standing tax integrity measure that treats…
February 18, 2019/by AdminSuper Guarantee Compliance: Time To Take Action
The government is getting tough on employers who fail to make…
February 12, 2019/by AdminExplanatory Memorandum February 2019
Tax clinic trial to reduce tax regulatory burden
To help reduce…
February 8, 2019/by AdminClient Alert February 2019
Tax clinic trial to reduce tax regulatory burden
To help reduce…
February 8, 2019/by AdminNew SMS scam ‘spoofs’ ATO number
ATO assistant commissioner Karen Foat said the agency has been…
February 5, 2019/by AdminInstant asset write-off threshold upped to $25k
The government has increased the threshold for the instant asset…
February 1, 2019/by AdminATO flags common errors with contribution deductions
With greater numbers of clients now eligible to claim deductions…
February 1, 2019/by AdminLRBA Changes May Hinder SMSF Gearing
In the last decade, many SMSFs have used a "limited recourse…
January 29, 2019/by AdminAre You Getting the Most from Your Investment Property?
Property depreciation claims
Just as with other assets linked…
January 25, 2019/by AdminHow to Retire happily
IN BRIEF
Identify what brings you a sense of accomplishment…
January 22, 2019/by AdminPAYG withholding: new penalties for non-compliance
In 2017, a government taskforce on the black economy reported…
January 18, 2019/by AdminSelling an inherited property? Here are the rules
People who want to delay the sale of a dwelling they receive…
January 15, 2019/by AdminPlaying to Win in the Gig Economy
What is the gig economy?
The gig economy is characterised by…
January 11, 2019/by AdminDealing With An Excess Super Contributions Determination
Just when most people thought they had finalised their income…
January 8, 2019/by AdminI’m Hiring! Getting the Most from the Gig Economy
What is the gig economy?
The gig economy is a labour market…
December 14, 2018/by AdminExplanatory Memorandum December 2018
Work-related tax deductions down for 2018
The ATO has reported…
December 10, 2018/by AdminClient Alert – December 2018
Work-related tax deductions down for 2018
The ATO has reported…
December 10, 2018/by AdminGuidance on Superannuation measure for downsizer contributions
The ATO has released a ruling and a guidance note on the measure…
December 7, 2018/by AdminLinks
- Australian Business Register
- Australian Securities and Investments Commission
- Australian Securities Exchange
- Australian Taxation Office
- Professional Standards Council
- The Australian Government's Principle Business Resource
- The Institute of Chartered Accountants
- The Institute of Chartered Secretaries
Pages
Business Address
Level 4, 83 Mount Street
North Sydney NSW 2060
Postal Address
PO. Box 1306
North Sydney NSW 2059
Office Hours
Monday - Friday
9:00 AM - 6:00 PM
Contact
Tel: (02) 9954 3843
Fax: (02) 9956 8452
admin@hurleyco.com.au