ATO Flags 4 Priority Targets
The ATO has flagged four priority areas this tax season where people are making mistakes. With tax season almost upon us the Australian Taxation Office (ATO) has revealed its four areas of focus this tax…
Team Q&A: Tom Robinson
As the financial year draws to a close we caught up with Lending Assistant Tom Robinson. Born in Swan Hill, Tom moved to Ballarat to attend Federation University and liked the place so much that…
What to expect from the new Government
Anthony Albanese has been sworn in as Australia’s 31st Prime Minister and a Government formed. We look at what we know so far about the policies of the new Government in an environment with plenty of…
ATO ramps up heat on directors
Over the last few months the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge or…
What’s changing on 1 July 2022?
A series of reforms and changes will commence on 1 July 2022. Here's what is coming up: For business Superannuation guarantee increase to 10.5% The Superannuation Guarantee (SG) rate will rise from 10% to 10.5%…
Can I claim a deduction for my gym membership?
In general, a tax deduction for fitness expenses is only available if your job requires you to have an extremely high level of fitness. The nexus between how you earn your income and the deduction…
Investment Outlook: Autumn Edition
Global equity markets are down sharply year-to-date, as US bond yields, gold and oil rose and the Ukraine conflict escalated dramatically following Russian military action. This came as markets also priced a significant Fed hiking…
Don’t Rock The Boat: Federal Budget 2022-23
On Tuesday night Federal Treasurer Josh Frydenberg handed down the Budget 2022-23, which is safe and ballot box friendly with a focus on jobs, cost of living, homeownership and health. Key initiatives include: 6 month,…
Team Q&A: Aimee O’Brien
This month we caught up with Accountant Aimee O'Brien, who joined PPT in late 2020. Originally from Snake Valley, Aimee moved into Ballarat in her high school years. What do you enjoy about your role…
Year of the Tiger: Roaring or Bellowing
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message; walk boldly with courage. And it…
