Accounting & Audit
It is estimated that more than 800,000 Australians participated in the crypto/digital assets market in the last three years. According to the ATO, 2021 saw a jump in participants of 63% compared with the 2020 year. However, this surge in...
The ATO has recently updated its Law Administration Practice Statement on debt relief, waivers and non-pursuit of debt. Specifically, the Practice Statement guides the Commissioner's discretion not to pursue the recovery of tax debts and ATO's ability to release individual...
Now that the Labor party is officially in government, people will be interested to see what policies and changes are now likely to occur. A helpful starting point is Labor's election promises which provide a valuable indication of possible areas...
Tax time 2022 is here, and this financial year, the ATO will again focus on a few key areas to ensure that individuals are doing the right thing and paying the right amount of tax. The ATO considers these key...
Over the last six months, we have spent many hours developing a new brand that represents who we are as a business and a team. We believe the new brand demonstrates the growth and evolution of our company since its...
There have been some important changes to MYOB subscription payments. Up until this point, Roberts & Morrow have managed your subscription (practice pays) however we are streamlining the MYOB process and arranging subscription payments with all clients to be directly debited from MYOB (client pays) Over the...
Two landmark cases before the High Court highlighted the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume that they will not be responsible for PAYG withholding, superannuation...
Farmers & Primary producers hit by storms and floods in NSW can access $15,000 immediately, through grants of up $75,000, as part of the jointly funded Commonwealth-State Disaster Recovery Funding Arrangements. Grants are now available for eligible primary producers...
Small businesses and not-for-profit organisations affected by the floods in parts of Queensland and NSW will have more time to lodge their business activity statements and instalment notices with an original due date of 28 February 2022 or 21...