The Director Identification Number (DIN) regime has been passed by parliament and is now law. Under the new law, all directors of companies registered under the Corporations Act 2001 will need to have one unique identifier.

In May 2021, the ATO announced a new data matching program with property management software providers.

Do you use income splitting to reduce tax? The ATO is changing rules around income splitting and is checking taxpayers who may have high-risk agreements.

Are you making the most of allowable tax deductions? Individuals can claim for general work-related expenses as well as occupation-specific expenses and working from home. Book a time now to prepare your 2021 tax and we’ll help maximise your return.

Have you bought and sold shares this financial year? Share trading is easier than ever but you still need to include details on your tax return. Talk to us about your shares holdings so we can maximise your return.

Do you want to understand more about PAYGI and PAYGW? If you’re new to business or going to employ people, you’ll need to withhold income tax payments for employees and plan for income tax payments for your business. Book a tax planning session today.