South East Access Accountants and Business Advisors

First home saver accounts offer a tax-effective way of saving for your first home through a combination of government contributions and low taxes.

Tax Return Questionnaire to prepare your income tax return for 2009-2010.

The Australian Tax Office has obtained data from eBay Australia and Trading Post Australia to assess the level of taxation compliance of individuals and businesses that sell goods or services online.

Stress-free business reporting to the Australian Taxation Office services from the team at South East Access.

Since 1 July 2007, small businesses have been eligible, subject to conditions, for a range of tax concessions.

If you are not able to deduct your business activity loss in the current year because of the non-commercial loss rules, you will need to defer your loss for use in a later year.

The government will change the tax law to extend tax deductible donation support to all volunteer bushfire brigades.

Certain organisations can choose to have all supplies they make in connection with a fundraising event treated as input taxed for goods and services tax purposes.

The ATO have developed a new initiative to help non-profit organisations understand their tax obligations and entitlement to tax concessions.

These are the key rates and thresholds that apply in relation to contributions and benefits, employment termination payments, superannuation guarantee and co-contributions.

Explains when super may become unclaimed and how you can find it.

Member aged 65 years or older
An amount payable to a member of a superannuation (super) fund is taken to be unclaimed super if it meets all these criteria:

the member has reached the eligibility age (65 years, or older if so prescribed by the super [...]

Super is a way of helping you save for your retirement. By saving small amounts of money from now, you can make sure you have enough to live on when you are older.

The ATO will continue to apply its current administrative treatment of self-education expenses. That is, education expenses are not deductible against various Commonwealth educational assistance schemes.

Overview on the four benefit types – ECE teachers, maths/science, education and nursing graduates.

All foreign income, deductions and foreign tax paid must be translated (converted) to Australian dollars before including it in your return.

You can claim a deduction if you carry out income producing work at home and incur expenses in using your home for that purpose.

The fuel tax credit calculator is an easy to use tool that calculates the fuel tax credit entitlement for the purposes of preparing claims via the business activity statement (BAS).

Calculation sheet to work out GST amounts payable and BAS form.