Tax Planning 2024
As we navigate through the evolving landscape of taxation in Australia, it’s crucial to stay informed and proactive in managing your business’s tax affairs.
Avoid these common payroll errors
While navigating the complexities of payroll management, it’s crucial to be aware of common errors that can lead to compliance issues & financial penalties.
Contribution caps to increase from 1 July 2024
The government announced changes to the super contribution caps that will come into effect from 1 July 2024 providing greater flexibility and opportunities.
Paying ATO debts on time now critical
We want to bring to your attention some crucial updates regarding your tax obligations and the ATO’s stance on outstanding debts. During the past few years, we’ve seen significant changes in the way the Australian Taxation Office (ATO) has handled tax debts, particularly in light of the pandemic’s economic challenges. The ATO temporarily adopted a […]
Business Boost Grant – Round 3
Round 3 of the Business Boost Grant Program is scheduled to open at 9am on Wednesday, 6 September. The first stage of the competitive application process is a ‘Registration of Interest’ which is due by 5pm on Tuesday, 12 September. The Department of Youth Justice, Employment, Small Business and Training is funding $10,000 – $20,000 […]
Scam Alert
During this tax season, millions of Australian taxpayers are expected to access their myGov accounts to lodge their tax returns. Whilst one might assume the system is secure, recent revelations have shown a significant security vulnerability in the Australian Tax Office’s (ATO) identity checking system. According to the ATO’s admission to the ABC, fraudulent individuals […]
Happy New Financial Year
We hope that the new financial year is off to a strong start for your business. As trusted partners in your financial journey, Halpin Partners is dedicated to providing you with timely updates and valuable insights to navigate the ever-changing accounting and taxation landscape. In this newsletter, we would like to highlight several key updates […]
2023 Budget Update
As we approach the one-year anniversary of the new Albanese Government, there were hopes, or some fears, that the approach of the new Government would be significantly different to the prior Government, and that as a result, we would see a substantially different budget with major changes in tax policy. We can report that there […]
Innovation is Business as Usual for James Home Services Australia
If you’ve ever visited our office, then you may have noticed the writing on our wall behind our reception area… ‘the most dangerous phrase in the English language is… because we’ve always done it this way’. Our client, James Home Services Australia embodies these very words. We’ve been working with James Home Services Australia for the past […]
Understanding Fringe Benefits Tax
The 31st of March is fast approaching, which means the end of another Fringe Benefits Tax (FBT) year. FBT can quite often be ignored by many business owners, as they are unaware that some benefits they are providing to their employees may actually result in Taxable Fringe Benefits. Business owners should be aware of what constitutes […]