by Garry Wolnarek | 27 Feb 2022 | Accounting / Bookkeeping, NDIS SDA GST Free, Property Advice, Property Taxation, Small Business
National Disability Insurance Scheme What is the NDIS / SDA? NDIS The National Disability Insurance Scheme is a Federal Act developed in 2013 to allow people with a disability to exercise choice and control about matters that affect them- such as their housing....
by Garry Wolnarek | 5 Feb 2022 | Accounting / Bookkeeping, Property Advice, Property Taxation, Small Business, Tax Planning
Property Price Increases and Tax? Property Prices Increase what about taxes? Residential properties values have increased in some cases over 30% in the last year, what does this mean for owners and investors? Family Home If the property being sold is the family home...
by Garry Wolnarek | 1 Mar 2021 | Accounting / Bookkeeping, General, Small Business, Tax Planning
Small Business Clients Business in the following industries that make payments to contractors or subcontractors needs to lodge a Taxable Payment Annual Report (TPAR) by the 28th of August each year. Black or Cash Economy Detection The TPAR is a black economy measure...
by Garry Wolnarek | 27 Feb 2017 | Accounting / Bookkeeping, General, Small Business, Tax Planning
Worked example: Lifecycle of an Uber driver Issue John commenced an Uber operation on 1 April 2016. He went to the ATO website and understood he was required to apply for an ABN and GST, which he did. The car he initially used was the family car. After six weeks of...
by Garry Wolnarek | 16 Jan 2016 | Accounting / Bookkeeping, Tax Planning
Director Penalty Notices, regarding reported and un-reported ATO debt. The ATO is able to issue a Director Penalty Notice against a director for an amended BAS. These days, with many businesses wanting to save a few dollars, they are calculating and lodging their own...
by Garry Wolnarek | 11 Dec 2015 | Accounting / Bookkeeping, Small Business
How to decide if your workers are employees or independent contractor guidance. Having an Australian Business Number (ABN) – Myth: If a worker has an ABN they are a contractor Common industry practice – Myth:”Everybody in my industry takes on workers...
