Casuarina Tweed Coast Bookkeeping

01/02/2016

Fuel tax credit alert: Fuel tax credit rates increase from 1 February. Check the new rates at https://ato.gov.au/fueltaxcreditrates

19/01/2016

There are different methods for claiming motor vehicle deductions for small businesses. But which one should you use?

Attend our 'Motor vehicle deductions' small business webinars on Thursday 21 or Wednesday 27 January to find out how to maximise your allowable motor vehicle deductions and work through practical examples on recording and claiming your expenses.

Book your spot at https://www.ato.gov.au/General/Webinars/In-detail/Small-business/Small-business-webinars/

30/11/2015

Each year, the tax office targets a group of professionals for unusual claims that fall outside the norm of their industry. This year the focus will be on truck drivers, sales reps, electricians and same s*x couples. The ideal way to make legit claims if you fall into any of these categories is by providing receipts and proof of claim.

17/11/2015

10/11/2015

ATO will never email or SMS you for bank details. Beware of scams

10/11/2015

What if legendary Rolling Stones frontman, Mick Jagger, had completed his studies in accounting and finance at the London School of Economics?

09/11/2015

Casuarina Tweed Coast Bookkeeping provides confidential, cost effective bookkeeping, payroll and administration support solutions for small to medium business. Offering a comprehensive bookkeeping service providing you with professional and stress-free support, designed and personalised to your business requirements.

09/11/2015

If you are an employer, make sure you understand the difference between an employee and a contractor to ensure compliance

31/10/2015

Protect your tax file number to avoid identity theft and becoming a victim of fraudulent claims:
https://www.ato.gov.au/Individuals/Tax-file-number/In-detail/Identity-theft/Identity-theft---help-from-the-ATO/

Identity theft – help from the ATO For information on how to protect yourself or your business from identity theft, see Identity crime. The Client Identity Support Centre The Client Identity Support Centre is a support service for taxpayers who have had their identities stolen or misused. We'll give…

29/10/2015

While trips between home and work are generally considered private travel, you can claim deductions in some circumstances, as well as for some travel between two workplaces.

29/10/2015

Are you an engineering, IT or consultancy business? You might be receiving personal services income. You need to report that income differently.
Check if personal services income affects you and how to report it. Visit https://www.ato.gov.au/psi

Personal services income Personal services income (PSI) is income produced mainly from your personal skills or efforts as an individual. You can receive PSI in almost any industry, trade or profession. However, some common examples include financial professionals, information technology consultants,…

27/09/2015

http://www.news.com.au/finance/money/tax-returns-act-now-to-avoid-the-atos-technology-trap-tracking-australians-hiding-from-the-taxman/story-fnkji35w-1227546239014

FAILING to lodge a tax return is costing Australians more than just a slap on the wrist.