Missed the October 31st tax deadline?
No need to worry. There are lodgement extensions to avoid penalty if you lodge through an accountant. Impala Accountants can prepare your individual and business tax return from the comfort of your own home or office. Call Ryu on 07 5536 1960.
Tax residency
Are you an Australian resident? While this question may seem simple at first glance, the Australian Taxation Office (“ATO”) has ensured that it certainly is not always the case. The ATO views residency differently to other agencies and it is not determined by your citizenship. Residency Tests To determine whether someone is a resident in […]
Work related car expenses
Did you know the rules regarding work related car expenses has changed for the 2016 financial year? There are now only two methods to work out your car expenses: – cents per kilometre or – logbook. Both methods require you to know or estimate your business kilometres. You can use the one that gives you […]
