

Do you use the SBSCH? Find out what is changing.
On 26 February 2018 the way you access the Small Business Superannuation Clearing House (SBSCH) will change. The service will be available through the their online system. To access the new system you must obtain an authentication credential, either an AUSkey or Manage ABN Connections via myGov. The SBSCH will be unavailable from Tuesday 20 February 2018 to Sunday 25 February 2018 inclusive while the they are transferring your data across to the new system. To find out more v


Need a TFN declaration? Download it from here :)
The ATO has developed a fillable TFN declaration form which is available on their website. You no longer need to order the form and wait for it to be mailed to you. Just download it from the ATO website or even better ask your new employee to download the form and fill it in on the screen. Once it’s filled in, print it off, get your employees signature then send the original copy to them using the address on the form within 14 days. HOW TO GET THIS FORM You can: download the


4 COMMON TAX RETURN MISTAKES
The most common tax return mistakes are easily detected by the Australian Taxation Office. Every year they work harder to spot “problems” in your tax return. Are you willing to risk it?........ “Enhancements in technology and the use of data means we are able to take a much broader approach than previous years; and identify and investigate claims that differ from what is normal across all industries and occupations.” Source: Australian Taxation Office 2016 It’s important to l