At Darren Rossen and Associates we specialise in providing our clients with expert advice in taxation and accounting matters. We are here to help with your personal and business tax, business investments and superannuation. We have experience you can rely on, knowing that your personal and...
12 Ways to Reduce Your Tax! The end of the 2013/14 financial year is almost here, so now's the time to review what strategies you can use to minimise your tax. #1 | Superannuation Contributions Individuals may be able to make tax-deductible personal contributions to superannuation to reduce...
2014 Business Tax Planning Strategies The end of 2013/2014 financial year is almost here, so now's the time to review what strategies you can use to minimise your tax. #1 | Concessional Superannuation Cap The concessional superannuation cap for 2014 is $25,000 per year for persons under 60...
Doing your timesheets can be a time consuming task. But now they’re a breeze with the long-anticipated addition of timesheets to Xero Me. Two reasons to love timesheets in Xero Me - Xero Me creates more time for you!Its fast - and its easy For more information regarding this new...
Mandatory - SuperStream Deadline is 30th June 2016 A courtesy reminder that ALL employers (those who pay wages) must meet the SuperStream standard by the 30th June 2016. To use SuperStream, you need to pay super and send employee information electronically. If you’re already doing this, you may only...
The tax return process can be complicated, leaving you wondering what exactly you can claim on tax. We’ve summarised below some of the more frequent questions we get on what you can and cannot claim. Remember, in order to claim an expense: You must have spent the...
Claim tax deductions for working at home If you work from home full time, part time or only on the odd occasion, you're eligible to claim this as a tax deduction. For example, if you're running a business from home (full-time or part-time) that requires you...
The Federal Government has announced further changes to the JobKeeper payment scheme, which will see it continue until March 2021.The current system will remain unchanged until 27 September 2020 as planned, providing $1,500 per fortnight for employees and eligible business participants. However, from 28 September changes...
The Australian Government is putting plans in place for a pathway to economic recovery from the COVID-19 pandemic After experiencing the worst global economic crisis since the Great Depression, the Australian Government is putting plans in place for a pathway to economic recovery from the COVID-19...