Quintal & Associates | Business service

Quintal & Associates

Phone: +61 421 155 133

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19.01.2022 30K Instant Tax Write-off: How does the increase work? April 2nd 2019 was the day that both houses of parliament approved the federal bill to allow a 30K Instant Tax Write-off, an increase of $5K on what was currently available. READ MORE ........................................ https://www.publicaccountant.com.au//30k-instant-tax-write

13.01.2022 INCOME TAX RETURNS From Monday 22nd July 2019 you can book an appointment to have your tax return completed by a registered tax agent

12.01.2022 Don't lodge return too soon The Australian Taxation Office has said it would aim to process online tax returns within two weeks, but has previously warned Australians not to lodge too early. Assistant commissioner Karen Foat has asked taxpayers to wait until around August to lodge.... "Most employers have until July 31 to finalise their employees' income statements so, we strongly encourage taxpayers to wait a few weeks before lodging their tax return," she said. "If you lodge your tax return before your income statement is tax ready, your employer might make changes, and you may need to lodge an amendment. In some cases, additional tax and interest may be payable." Waiting also allows more time for other information such as from banks, health funds and government agencies to be pre-filled peoples' tax returns, she said.