As seen in Woopi News May 2025 In December 2023 as part of the mid year Economic and Fiscal Outlook our government announced it would amend the tax law to deny income tax deductions for ATO interest charges. As with many announcements made by our government it can...
As seen in Woopi News April 2025 There is often confusion over when a business needs to register for Goods and Services Tax (GST). If you earn income under an Australian Business Number (ABN) and your annual turnover is $75,000 or more, you need to be registered for...
As seen in Woopi News March 2025 Are you an Australian resident selling a property? Do you know about Clearance Certificates? When property within Australia is sold, Foreign Resident Capital Gains Withholding (FRCGW) is withheld unless the seller is an Australian...
As seen in Woopi News February 2025 When a business is registered for GST, it is required to lodge a Business Activity Statement (BAS). For most businesses this is every three months (quarterly), with monthly or annual options being less common. Some business owners...
As seen in Woopi News January 2025 The Australian Parliament recently passed a bill to change the indexation rate for study and training loans which will soon become law. In the past study loans were increased annually in line with the Consumer Price Index (CPI),...