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Instant Asset Write-off Increased and Extended – ATO

Instant Asset Write-off Increased and Extended – ATO

Posted 10 June, 2019 by The Web

The following information was sourced from the Australian Taxation Office website and can be read in full here. Looking to expand or improve your business and thinking of buying new or secondhand assets?  Changes to the instant asset write-off means businesses with a turnover from $10 million to $50 million are now eligible.  Small businesses with […]

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Continued Support for North Queensland After Floods

Continued Support for North Queensland After Floods

Posted 3 June, 2019 by Townsville Chamber

The Australian Taxation Office (ATO) continue to provide support and assistance to North Queenslanders affected by the March 2019 monsoonal flood event. They have implemented a range of support strategies to assist those who are located in identified affected postcodes. If your business was affected in the event but not located in a highly affected postcode, […]

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Instant Asset Write-Off Increased and Extended

Instant Asset Write-Off Increased and Extended

Posted 3 June, 2019 by Townsville Chamber

If you are a business wishing to improve or expand and you are considering buying new or second hand assets, your business may be eligible to an instant asset write off. The ATO has increased and extended the instant asset write-off to apply to businesses with a turnover from $10 million to less than $50 […]

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Single Touch Payroll (STP) Update from Regional Business Services

Single Touch Payroll (STP) Update from Regional Business Services

Posted 26 February, 2019 by Townsville Chamber

Townsville Chamber member Regional Business Services delivered the February Business Matters presentation on a timely and important topic – Single Touch Payroll (STP).  STP reporting on or before your business’ pay date is mandatory as from 1 July 2019 for all business sizes. What is Single Touch Payroll?  Who is affected by Single Touch Payroll?  […]

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