Thinking of purchasing assets for your business? The instant asset write-off has changed. It’s been: • expanded to include more businesses • increased to $30,000 for each asset • extended until 30 June 2020 Please contact Arora Accounting Services your local North...

What are super contributions or superannuations? As a working individual, one of the most important things you need to do is build and plan your future securely. Super contributions or Superannuation is a government initiative that helps you do just that. Any...

What is PAYG withholding? As an employer, it is an obligation to ensure that all payees associated with you meet their tax liabilities at the end of the year. In order to do this, PAYG (Pay As You Go) Withholding helps you withhold amounts throughout your year from...

Please see some common errors when it comes to claiming business expenses in your tax return. If you use your motor vehicle entirely for your business, you can claim a deduction for the whole amount. If you use it for a mix of business and private use, you will need...

If you are a small employer with 19 or less employees; Single Touch Payroll (STP) is a new way of reporting information to the ATO. Please contact Arora Accounting Services your local North Lakes Accounting practice. We can assist you with new STP reporting...

Paying taxes can become a stressful ordeal if you do not have relevant information and details regarding the subject. As the deadline approaches for filing taxes, getting up to speed on the deductibles you can claim, will help you save a lot of money by reducing your...