Budget 2018: $20,000 instant asset write-off scheme extended for one more year

May 29, 2018 by BELINDA — No Comment

Australian small businesses have been given 12 more months to take advantage of the federal government’s instant asset write-off scheme. Announced as part of the 2018 federal budget, the popular scheme will be now expire on June 30, 2019, instead of June 30 this year. It’s a small win for small businesses, which have embraced the scheme […]

Backpacker Tax – Have you registered ?

March 7, 2017 by BELINDA — No Comment

If you employ working holiday makers in Australia on a Visa Subclass 417 or 462, you would need to make some changes to their employment record for the new backpacker tax, applicable from 1 January 2017. From 1 January 2017, the working holiday maker tax rate of 15% applies from the first dollar earned, up to $37,000 […]

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