Brealey Quill Kenny industry news and updates

Recent ATO communication and activity has highlighted the need for accurate record keeping when claiming motor vehicle expenses, particularly in relation to log books. In earlier blogs we discussed the two methods available for claiming car expenses (Link to Blog),...

If you use your car for work purposes you are able to claim a portion of the running costs as a deduction in your Tax Return. The two methods allowed by the ATO are the cents per km method and...

As announced in the 2017-18 Federal Budget, the Australian Government has introduced the Downsizer Measure allowing those aged 65 or over to top up their superannuation as a result of downsizing their home. This measure allows individuals to make a...

The Government has announced a 12 month amnesty for employers who have failed to meet past superannuation guarantee obligations for their employees – also known as a “SG shortfall”. Once the legislation is passed by parliament, the amnesty is intended...

The ATO are changing the way employers will report their payroll information to the ATO from 1 July 2018. Who does it affect Employers with 20 or more employees as at 1 April 2018, will need to start using Single Touch Payroll (STP) enabled software...

The Australian Business Register are currently emailing clients who have a trading name linked to their ABN details. Prior to May 2012, trading names were collected and could be recorded manually on the Australian Business Register, ABN Lookup. ASIC have...

Perth Accountants, Brealey Quill Kenny outline below the new FBT and Commercial Vehicles Guidelines. An increase in the provision of dual cab utes has resulted in the ATO issuing new guidelines in relation to the private use of “commercial vehicles”,...

Brealey Quill Kenny Accountants would like to advise employers of changes to the way they will report their tax and superannuation to the Australian Taxation Office from 1 July 2018. Who does it affect? Employers with 20 or more employees...