ALL BUSINESS - THINGS TO BE WATCHFUL OF
As the Covid19 pandemic sweeps across the globe, the Australian government has provided emergency support to the Australian economy. The underlying cash...
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Victorian COVID assistance as of August 2021
The COVID-19 pandemic and recent lockdown orders have continued to place Victorian businesses in compromising and challenging situations. Both State and Federal Governments have announced...
Practice Update August 2021
Practice Update August 2021 covers following points:
Reminder of superannuation caps indexation for 2022
Division 7A benchmark interest rate for 2022 remains unchanged
Changes to STP...
Do you need a hand with accounting? Let us make things easy!
Have you noticed yourself ever feeling the pressure of getting your tax returns lodged on time? Are you concerned about where you will find the time to complete all your tax obligations? At Zimsen...
How Does Hiring a Professional Accountant Help Your Business?
An accountant is a huge part of any organisation. A good accountant in Melbourne can provide unimaginable benefits. These can benefit your business in unimaginable ways and can lead to a detailed...
5 Effective Tips to Help Ease into the Tax Process in 2021
With the tax filing deadline getting closer everyday, more and more individuals and businesses are making elaborate plans to get maximum returns and file taxes on time. While this seems fairly...
2020/21 Individual Tax Return Checklist
Tax saving strategies prior to 1 July 2021.
A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable...
Practice Update June 2021
Practice Update June 2021 covers following points:
Cryptocurrency under the microscope this tax time
ATO warns on ‘copy/pasting' claims
Family assistance payments
Temporary...
Circuit Breaker Business Support Package
In the advent of the current health situation and its ongoing uncertainty, The Victorian Government has launched the Circuit Breaker Business Support Package- Allocating $250 million in support for...
Highlights of The 2021/22 Federal Budget
The new Federal Budget highlights the retention of ‘LMITO’ (Low and Middle Income Tax Offset).
The LMITO is a vital tax rebate for Australians that offers relief to low and middle income...
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