Small businesses entitled to refunds of GST may not be aware of the four-year time limit on claiming those refunds. Your entitlement to a ..

On the 28 October 2019, The Treasury Laws Amendment (2019 Tax Integrity and Other Measures No.1) Bill 2019 received royal assent. The new ..

The Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 was re-introduced to parliament on 23 October ..

The structure of your business determines how you would pay tax and other business obligations you would need to consider. Whilst you are ..

The margin scheme is a way of working out the GST you must pay when you sell property as part of your business. The amount of GST normally..

A business industry code (BIC) is a five-digit code you include on relevant tax returns and schedules that describes your main business ac..

When making a claim in relation to your residential rental property, there are specific circumstances for when you can and cannot claim tr..

To qualify for small business CGT concessions, an asset must meet the conditions of the Active Asset Test to apply. An asset is considered..

The taxable payment reporting system (TPRS) has extended to further businesses that provide particular services and those that pay contrac..