Author: Teddy Kosasih

Merry Christmas

As we gather together to celebrate the Christmas season, we want to take a moment to express our gratitude to each individual who has been an integral part of our business family. We wish you and your loved ones a very Merry Christmas filled with warmth, blessings, and the love of family and friends

Small Business Landscape 2024

Looking ahead to 2024, the small business landscape is poised for significant growth and change. Are you ready to seize the opportunities?

Australian Taxation Office’s Warning Impact on Small Businesses

The ATO has recently issued a warning to small businesses regarding the misuse of unpaid tax and superannuation liabilities to support their cash flow

Owning a Holiday Home: Tax and Deductions

Whether you own a holiday home solely for personal use or rent it out to others, there are crucial tax considerations to keep in mind.

Tax Implications of Vacant Land: A Comprehensive Analysis

Vacant land ownership presents a unique set of considerations within the realm of taxation, both preceding and following July 1, 2019.

ATO Urges Timely Debts Settlement

The Australian Taxation Office (ATO) has issued a reminder to businesses regarding their tax debts and superannuation obligations.

Tax return deadline

As per the Australian Taxation Office data, approximately 6 million individuals are yet to submit their tax returns for the latest financial year. The deadline for filing your own tax return with the Australian Taxation Office is October 31. If you miss this deadline, you might face a late lodgement penalty of $313, and this…
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Mastering Cash Flow: Key Strategies for Small Business Success

Cash flow can be a major hurdle for small businesses. With limited resources and many aspects to manage, facing a cash crunch is easy. However, there are effective steps you can take to ensure your business has enough money to function and grow Watch Your Cash Flow Closely Managing your cash flow is vital for…
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Guidance for Real Estate Employees

As a real estate industry employee, it’s crucial to accurately report your income and allowable deductions on your tax return. Here’s a breakdown of what you should and shouldn’t include: Income Include all income received during the income year, encompassing: Note: Exclude reimbursements from your income. Your income statement or payment summary will detail your…
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New South Wales presents a safe budget in light of an economic slowdown

On September 19, 2023, Daniel Mookhey, the Treasurer of New South Wales, unveiled the first state budget under the Labor party’s governance since 2010