Instant asset write-off thresholds

Instant asset write-off thresholds

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...
How To Register Or Cancel PAYG Withholding

How To Register Or Cancel PAYG Withholding

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...
Single Touch Payroll

Single Touch Payroll

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...
Deductions you can claim

Deductions you can claim

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...