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Superannuation Guarantee Is Rising

Superannuation Guarantee Is Rising

From 1 July 2022 the superannuation guarantee (SG) rate will increase from 10% percent to 10.5%.  The rate will also increase a further half a percent each year until it reaches 12% in 2025.

End of Financial Year – 30 June 2022

End of Financial Year – 30 June 2022

With 30 June fast approaching tax deductions are no doubt on a lot of people’s minds. Whether you are an employee, investor, or business owner it’s always important to remember that when you spend money to save on tax you are only ever going to get a percentage of the money back, as either reduced tax payable or a larger refund.

Self Employed?

Self Employed?

Before you apply for an Australian Business Number (ABN) consider which structure you will operate your business under.

Protecting your Tax File Number

Protecting your Tax File Number

There’s no doubt we are all aware there has been a big shift towards moving our identities online. We are now verifying our identity on multiple online platforms such as MyGov and Service NSW.  We now have electronic licences and often people have photos of their licence, birth certificate and even their Tax File Number (TFN) stored on their devices or floating around in their emails.

Guard Dog or Working Dog Expenses – when are they deductible?

Guard Dog or Working Dog Expenses – when are they deductible?

Occasionally I am asked if costs such as vet bills, dog food and dog bedding can be claimed as a tax deduction.  This question is usually coming from a farmer or a tradie with a pooch on his Ute that he likes to refer to as his guard dog.


5/66 River St, Woolgoolga
NSW 2456
Australia

Contact Us

For all your individual tax return, bookkeeping, business tax or SMSF needs, contact StaySharp Accounting.

Address

5/66 River Street, Woolgoolga NSW Australia

Opening Hours

Monday to Friday: 9:30am-5:00pm
Saturday: By appointment

assist@staysharpaccounting.com.au

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