Having an ATO debt does not automatically mean your business is in serious trouble. The best outcomes are usually achieved when businesses lodge on time, remain compliant and engage early.... read more →
What is an Electronic Service Address (ESA)? An Electronic Service Address (ESA) is a unique electronic address used by self-managed super funds (SMSFs) to receive superannuation contribution information from employers.... read more →
What is a TPAR? TPAR (Taxable Payments Annual Report) is an annual report lodged with the ATO that details payments your business has made to contractors. The ATO uses this... read more →
LodgeIt is the software that Wingr uses to send your business activity statements and instalment activity statements to the ATO. They have recently introduced a new feature allowing you to... read more →
There are a range of study and training support loans that fall under the category of STSL including: HELP - The Higher Education Loan Program (HELP) can assist eligible students... read more →
If you are lodging a tax return as an individual or trust, the due date of any income tax payable will vary depending on: the original due date of your... read more →
Lifetime Health Cover (LHC) is a government initiative that encourages you to purchase and maintain private patient hospital cover earlier in life. If you have not taken out and maintained... read more →
You may have to pay the Medicare levy surcharge if: you, your spouse and your dependent children do not have an appropriate level of private patient hospital cover; and you... read more →
The Medicare Levy is an amount you pay in addition to the tax you pay on your taxable income. The current rate is 2% of your total taxable income. Generally,... read more →
If you've received a notice from the ATO that you are now registered for PAYG Instalments, you might be wondering what that means. Firstly, it's good to note that PAYG... read more →