by Greenhalgh Pickard | Mar 22, 2023 | Accounting/ Tax, Blog
Home » Accounting/ Tax Effective from 1st July 2022 The Working from Home Fixed Rate deduction will increase from 52 cents per hour to 67 cents per hour and will apply from this tax year – July 1 2022 to June 30 2023. What’s changed? There still exists...
by Greenhalgh Pickard | Mar 3, 2023 | Accounting/ Tax, Blog
Home » Accounting/ Tax » Page 3 The ABS has released the latest figures of economic growth and inflation is slowly, but finally, easing from its peak! Inflation has dropped from 8.4 per cent for calendar 2022 to 7.4 per cent for this year. This has affected the...
by Greenhalgh Pickard | Feb 7, 2023 | Accounting/ Tax, Blog
Home » Accounting/ Tax Since April last year, interest rates have risen consecutively, reaching its record highest level The interest rate rise has increased by 3.25 per cent since April 2022, the most rapid increase in nearly three decades. The RBA has decided to...
by Greenhalgh Pickard | Jan 25, 2023 | Accounting/ Tax, Blog
Fringe Benefits Tax (FBT) is a tax employers will pay on benefits paid to an employee (or their associate, such as a family member) in addition to their salary or wages as this is separate to income tax. FBT is generally calculated over a period of 12 months beginning...
