Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one off energy relief payment for eligible income support recipients.
ATO guide to the 5 most common Tax Mistakes As tax time 2018 kicks off this weekend the Australian Taxation Office (ATO) has profiled the five most common tax mistakes and the personalities most likely to have tax time troubles. Assistant Commissioner Kath Anderson said it’s often simple tax time mistakes and misunderstandings that [...]
2018 Annual Wage Review The Fair Work Commission has handed down its 2018 Annual Wage Review decision. The Fair Work Commission has announced a 3.5% increase to minimum wages. The new national minimum wage will be $719.20 per week or $18.93 per hour. The increase applies from the first full pay period starting on or [...]
FY19 BAS Due Date & BAS Payment Date The FY19 BAS due date for lodging and paying is displayed on your BAS. If the due date is on a weekend or public holiday, you can lodge and pay on the next business day. Quarterly reporting Due date for each quarter Quarter Due date 1 [...]
2018 Individual Tax Return Checklist To assist us in preparing your tax return, please use this checklist when compiling your information. Completing the checklist can take some time however your efforts will enable us to maximise your deductions and process your return efficiently. For New Client Only / For Information Update Only PERSONAL [...]
2018 Tax Deadline The 2018 Tax Deadline is Tuesday, 31 October 2018 Ample Finance can help you quickly bring your taxes up to date before the 2018 tax deadline The official period for lodging your tax return is 1 July – 31 October 2018. (If you still have not lodged a 2017 [...]
The third and final part of this series discusses the Vacant Residential Property Tax (VRPT), a new proposal by the Victorian government to address lack of rental supply. Specific details are still under consideration as the Victorian government consults property groups for further insight. Who does this effect? The Vacant Residential Property Tax will [...]
The issue of rising housing prices has been a growing concern for economists and policy makers, as first home buyers are increasingly being pushed out of the market. This article will discuss planned changes to Stamp Duty exemptions and concessions and is the second segment in a three part series covering the Victorian government’s [...]
The issue of rising housing prices has been a growing concern for economists and policy makers, as first home buyers are increasingly being pushed out of the market. This article will discuss planned changes to the First Home Owner Grant and will be the first segment in a three part series covering the Victorian [...]
Following an eighteen-month political tussle, the Income Tax Rates Amendment (Working Holiday Maker Reform) Bill 2016 was passed in early December last year, with settlement being reached on what is more widely known as the Backpacker Tax. What has been changed? The Backpacker Tax is a tax on the income of workers employed in [...]
The 2015 Tax Return Deadline is 31 October 2015 Failure to lodge on time penalty is calculated at the rate of one penalty unit for each period of 28 days or part thereof that the document is overdue, up to a maximum of five penalty units. The value of one penalty unit increased on [...]
Happy New Financial Year! Fair Work Commission has increased the national minimum wage to $17.29 per hour or $656.90 per 38 hour week (before tax).
We would like to take this opportunity to appreciate our valued customers who been learning, growing and sustain with us. It was a great journey and making every chapter of Ample Finance gracious. We have great news to share when our new financial year begins. Welcome and Thank You to Steve, who is the Director of [...]
Ample Finance x Neomoney Credit Workshop Day 2 has just started. Want to get a loan for your new house, investment property or refinancing? Call 1300 798 250 to chat with one of our friendly consultants. Or visit https://www.amplefinance.com/services/capital-raising-finance/ for more details.
Ample Finance x Neomoney Credit Workshop is underway! Contact us to see how we can help you to finance your dream!