https://blog.revolutionadvisors.com.au/income-payments-to-include-in-your-business-tax-return/ Due to changing economic circumstances, businesses may be receiving income from sources they have never received from, and may be unaware of their tax...
Read MoreNew JobTrainer Government scheme and wage subsidies
https://blog.revolutionadvisors.com.au/new-jobtrainer-government-scheme-and-wage-subsidies/ The Government has introduced a $2 billion JobTrainer scheme, which aims to help businesses train or re-skill workers in Australian industries of high...
Read MoreCriteria for a complying loan agreement
https://blog.revolutionadvisors.com.au/criteria-for-a-complying-loan-agreement/ Private companies may be incentivised to make loans to a shareholder or their associate during the income year in an effort to save on income tax. In order to remedy...
Read MoreWhat are the circumstances for early access to super?
https://blog.revolutionadvisors.com.au/what-are-the-circumstances-for-early-access-to-super/ Early access to your superannuation is permitted under a few limited circumstances outlined by the ATO. In the case that you are experiencing financial...
Read MoreTax mistakes to avoid for businesses
https://blog.revolutionadvisors.com.au/tax-mistakes-to-avoid-for-businesses/ Meeting tax obligations as a business owner can be stressful and potentially expensive if done wrong. Certain mistakes warrant severe action, so you can expect the ATO...
Read MoreBuilding a successful virtual team
https://blog.revolutionadvisors.com.au/building-a-successful-virtual-team/ As the pandemic pushes businesses to run their usual operations online, it can be hard to make sure that your virtual teams are working efficiently and productively. Here...
Read MoreShould you invest in cloud computing?
https://blog.revolutionadvisors.com.au/should-you-invest-in-cloud-computing/ Due to COVID-19, organisations are coming to the realisation that web technology is essential to today’s business-running. Out of the more common types of web...
Read MoreFunding your business the right way
https://blog.revolutionadvisors.com.au/funding-your-business-the-right-way/ Turning an idea into a business requires money, and securing this stable funding is not easy. Businesses have a variety of innovative funding options today, but before...
Read MoreBusiness changes and Taxable payments annual report
https://blog.revolutionadvisors.com.au/business-changes-and-taxable-payments-annual-report/ COVID-19 has forced businesses to adapt their practices to cater for social distancing measures and sanitary precautions. As a result, many businesses...
Read MoreWhen are super contributions tax-deductible?
https://blog.revolutionadvisors.com.au/when-are-super-contributions-tax-deductible/ Individuals may be able to claim tax deductions for personal superannuation contributions they make. Personal super contributions are made after-tax, not to be...
Read MoreAmending fringe benefits tax return and extended exemptions
https://blog.revolutionadvisors.com.au/amending-fringe-benefits-tax-return-and-extended-exemptions/ The Government has updated fringe benefits tax (FBT) exemptions to include travel in ride-sourcing vehicles under the existing taxi travel...
Read MoreSuper death benefits tax: dependants vs non-dependants
https://blog.revolutionadvisors.com.au/super-death-benefits-tax-dependants-vs-non-dependants/ A super death benefit is the super paid after a person’s death, usually to a nominated beneficiary. These benefits are subject to different tax...
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