Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

Tax tips for Australian businesses

Tax tips for Australian businesses 6 January 2014 Media release 2014/01 The Australian Taxation Office today launched a new campaign to help Australian businesses meet their tax obligations. The social media and promotional campaign provides business owners with practical tips to increase awareness of their tax rights and obligations and make it easier to comply. […]

The ATO cut Tape regarding TFN Applications

The ATO cut Tape regarding TFN Applications The ATO cut Tape regarding TFN Applications and  has been removed thanks to a partnership between the ATO and Australia Post. TFN applications are now simpler and easier, as they can now be applied for online atwww.ato.gov.au/TFNapply and a printout of the application summary can then be verified […]

Information for contractors and consultants – PSI

Information for contractors and consultants – PSI Information for contractors and consultants – PSI How do the Personal Services Income Rules work? If 80% or more of the PSI comes from one source, the results test must be passed.  Otherwise, the business is not a PSB and the PSI rules will apply. If less than [...]

Natural Disasters

Natural Disasters Dealing with disasters Natural Disasters Dealing with disasters If you have been affected by a disaster, such as a flood, bushfire or storm, don’t worry about your tax affairs right away. We will give you time to deal with your more immediate problems first and then we can help you to sort out [...]

Income Deductions

Income Deductions Income & deductions Income Deductions Income & deductions The ATO apply tax to the difference of our assessable income and allowable deductions, but what is included in these?   Assessable income includes wages, directors fees, some government allowances and pensions, superannuation income, interest, dividends, rent, managed fund distributions, capital gains and business income. […]

Car sales

Car sales Car sales dip blamed on FBT Car sales The automotive sector is blaming uncertainty around the previous government’s plans for the FBT compliance regime for a 3.1% decline in vehicle sales in October.   The Abbott government has announced that it will scrap planned changes to the FBT regime but the automotive sector said […]