Tax
Are you ATO SuperStream ready?
From 1 July 2016 all Australian businesses that pay Superannuation Guarantee on behalf of their employees must adhere to the new SuperStream rules.
Continue ReadingThe Tax Implications of Uber
As Uber continues to grow in popularity more and more Australians are taking up driving for the San Francisco based company. As with all income producing activities in Australia, it is important to understand the tax implications involved in driving for Uber and participating in the ride sharing economy.
Continue ReadingATO Targets Holiday Homes
The ATO has issued several statements confirming to both tax agents and the general public, that they intent to target holiday home rental properties this coming tax year.
Continue ReadingAre you adequately insured?
It is integral to have insurance to hedge yourself and your business against risk exposure.
Continue ReadingTips for finding the right accountant
Finding the right accountant is often easier said than done. The team at GMD Chartered Accountants share their top tips on finding the right accountant for your business:
Continue ReadingShould you upgrade from a sole trader?
Here at GMD Chartered Accounting Services, we are often asked, "should I upgrade from a sole trader?" The question whether or not you should upgrade from a sole trader is a complex one. We have outlined below some basics surrounding upgrading your sold trader status.
Continue ReadingTaxable Payments Annual Report
As part of the Australian Taxation Office's crack down on the Building and Construction industry all businesses within the industry that pay other businesses as contractors or subcontractors directly, must lodge an annual taxable payments report by 28 August each year.
Continue ReadingTax Planning Considerations for Small Business Owners
Are you a small business owner? At GMD Accounting, we work with our clients to make tax a stress-free and seamless process. As an extension to this, we have put together a few of our top planning considerations for small business owners prior to 30 June, 2015.
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