Pine Rivers Consulting

06/06/2024

Here is a handy information about capital gains tax (CGT)

12/02/2024

ATTENTION COMPANY DIRECTORS

All company directors are REQUIRED BY LAW to apply for a company director ID.

If you have not applied for your company Director ID please do so as soon as possible.

Penalties for not having one is at least $16,500

https://asic.gov.au/for-business/running-a-company/company-officeholder-duties/director-identification-number/ #:~:text=It's%20a%20criminal%20offence%20if,time%20and%20penalties%20may%20apply.

A director ID is a unique identifier a director applies for once and keeps forever – which will help prevent the use of false or fraudulent director identities. You do not need a director ID for each company.

17/08/2023

Are tough times coming?

The mood has turned sharply pessimistic among those in the front line, a Kordamentha survey finds. Seven out of 10 turnaround professionals expect Australia to be in a recession within 12 months in

20/07/2023

This is worth reading!

Small business owners admitted to the pivotal errors they made when starting and what they wish they did differently, including working with an accountant.

30/06/2023

ATO warns against lodging tax early.

The Australian Taxation Office is warning Australians not to rush to lodge their tax return next week.

08/06/2023

Tax tip alert!!!

If you are claiming working from home expenses, please note that the rules have changed (See below)

The ATO has refreshed the way that taxpayers claim deductions for costs incurred when working from home to better reflect contemporary working from home arrangements.

08/06/2023

Buy your big ticket items before the year end to claim the deductions!

07/06/2023

Did you know that employers has until 14 July to finalise payroll?

We recommend employees to make sure that your employer has finalised your payroll for the year before completing your personal tax return.

16/05/2023

ATO has announced what is on its hit list - on work claims, rental properties and CGT

Millions of Australians will see their tax reductions shrink by as much as $1500, as the Australian Taxation Office cracks down on rental property investors after a shocking number of incorrect returns were uncovered.