Easy Tax Blog
Do you have an old ATO debt?
The ATO is persuing tax debts previously considered “uneconomical” to collect. Approximately 300,000 Australians may be paying back old debts with their 2023 refunds.
Your taxable payments annual report (TPAR) is due soon
What is a TPAR? Read on to see if your business has to lodge an annual report.
Do you have a TPAR obligation? If so, update your supplier information now in preparation for your taxable payments annual report lodgement by 28th August. #TPAR #TaxTime #SmallBusiness
Avoid ATO’S increased tax penalties
With the ATO shifting its focus on taxpayers with outstanding tax lodgments and debts, find out how to avoid being penalised at the increased penalty rates in 2023–24. #tax #businessadvice
What happens if I don’t have Private Hospital Cover?
If you don’t have Private Hospital Cover, you may have to pay the Medicare Levy Surcharge. We have done some numbers to see what the differences are between having cover or not having cover.
Sole Trader to Company - when is the best time to change?
Thinking about changing from a Sole Trader to a Company structure? We have calculated the optimum taxable income amount where you should definately think about it!
Why do I have to pay PAYG instalments?
If investment or business income is over a certain threshhold then you will be paying PAYG tax instalments in advance to capture tax for the ATO - this could be a double whammy of tax in your second year of trading
Are you paying too much tax?
Feel like too much of your hard earned income is spent on #Tax? While tax is inevitable, we can review your financial affairs and ensure you’re paying only what you need to while remaining compliant. #GetInTouch to find out about our Tax Review service!
Why is my tax refund so low in 2023?
Why is my refund so low in 2023? read on to see if any of these reasons give you a clue!
How to survive an ATO audit on your personal tax return
Tips for record keeping to survive an ATO audit on your personal tax return
How to use the Easy Tax Solutions 12-week cash flow planner
Download the 12-week cash flow planner to get on top of your business finances
5 tips to manage your business cash flow over the Christmas break
Use these tips to manage your pre-Christmas cash flow so you don’t run out in January!