by smithfeutrill | Jun 20, 2024 | Tax
Finding yourself increasingly more busy as the EOFY approaches, particularly with meeting your tax obligations? It’s coming on tax time, so it’s time to ensure you’re prepared for your tax returns. This period can be stressful and complicated, leading to common...
by smithfeutrill | Jun 14, 2024 | Tax
The Australian Government has made changes to individual income tax rates and thresholds. This will apply to all taxable income you earn from 1 July 2024. The changes will not impact your 2023–24 tax return. From 1 July this year, these changes will: • reduce the 19...
by smithfeutrill | Jun 10, 2024 | Business
As the End of the Financial Year (EOFY) approaches in Australia, businesses must gear up to meet their tax obligations efficiently and accurately. This period can be hectic, but with careful preparation, you can ensure compliance with Australian Taxation Office (ATO)...
by smithfeutrill | Jun 7, 2024 | Super
On 1 July 2024, the super guarantee (SG) rate will increase from 11% to 11.5%. Some pay periods will cross over between June and July when the rate changes. The ATO advises that the percentage employers are required to apply is determined based on when the employee...
by smithfeutrill | Jun 4, 2024 | Super
As the End of the Financial Year (EOFY) approaches, employers and self-employed individuals must ensure their superannuation contributions are processed efficiently and on time. Utilising a superannuation clearing house can streamline this process, ensuring compliance...
