In This Edition:
Sometimes small business owners pass up the at-times lucrative small business CGT concessions simply through not knowing that they are eligible to claim them. Answering a few basic questions can clear this up.
We explain how the "personal property security register" can help manage the risk that comes with owning certain assets. We also take a closer look at the future of e-invoicing, and provide a basic "explainer" for personal services income.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.
Click here to view our December 2019 Newsletter...
REMINDER: Taxable Payments Annual Report (TPAR)
You may need to lodge a Taxable Payments Annual Report (TPAR) by 28 August each year, if you're a business or contractor providing the following services:
- building and construction
Penalties may apply if you don't lodge your TPAR on time. An ATO supplied fact sheet on taxable payments annual reports is a handy resource: Download it here
GJB's Online Portal
Click here to find out more about our Online Portal to save you time and much more.
Should you require more information regarding any topic covered in our newsletter, please contact GJB on 02 9686 3130 for advice on #yourself, #yourbusiness or #yoursuper.
Drop in for a coffee and a chat?
Disclaimer: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.