November 27, 2017

What is the ATO Division 293 tax?

The Australian Taxation Office Division 293 tax was introduced from 1 July 2012 and applies where your combined income and Concessional Contributions is over a certain threshold. From 1 July 2017, the Division 293 tax threshold will be...

November 9, 2017

From 1 July 2017 Australian GST applies to imported services and digital products.

GST will not generally apply to sales to businesses of these imports if:

  • you are registered for GST

  • they are purchased for use in your business in Australia, and

  • you supply y...

November 9, 2017

Well unfortunately the requirement is on the employer to ensure that you have paid all the required super by the 28th of the month following each calendar quarter. 

With super stream now up and running, employers needs to lodge there super payments through an ASIC clear...

November 9, 2017

Well its almost here and are we prepared ? 

From 1 July 2018, the taxable payments reporting system will extend beyond the building industry to cleaning and courier businesses. This means that these businesses will need to report payments they make to contractors (indiv...

November 9, 2017

Cryptocurrencies, like Bitcoin, are independent and not regulated by any central authority. Until recently, these digital currencies were not treated in the same way as cash for tax purposes in Australia. New legislation passed by Parliament last month seeks to change...

Please reload

Recent Posts

Please reload


Please reload


Please reload

Contact Details

IGnite Accountants & Financial Services
Level 1, Suite 3

14 Sydney Road
Manly NSW 2095

Phone: (02) 8005 0380

TA 25191303


©2016 by IGnite Accountants & Financial Services.