It has come to our attention that there are phishing emails going around, posing as Xero and asking for payment.
Please be very careful with these emails and do NOT click on any links if you suspect they are not genuine.
Xero has identified some phishing emails and has set up a page to notify users of potential scam emails going around. For more details, or to report a potential scam email, visit their Security noticeboard.
When investing in a rental property, or wishing to invest in a rental property, you’ll need to keep records right from the start and work out what you can and can’t claim as a deduction.
As an Employer, you are responsible to make sure the tax you withhold from employees’ wages is at the correct level. For those employers hiring backpackers who are in Australia on a 417 or 462 working holiday visa, you’ll need to follow the tax rate changes that commenced on 1 January 2017.
From 1 July 2017 the following car threshold amounts apply for luxury cars:
When your business is registered for GST, you know that you are able to claim a credit back on your next BAS for the GST you pay to your Supplier. But what happens when the Supplier is charging you GST when they aren’t actually registered to collect GST? You may pay them the extra 10% on their invoice but you are not entitled to claim that credit back from the ATO. If it has already been claimed, you may have to refund it to the ATO at a later date.
