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Money Doesn’t Come Without Guidance ...

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24
May

WHAT ARE THE PRE-REQUISITES FOR NOT-FOR-PROFIT (NFP) ORGANISATIONS? WHAT ARE THE DIFFERENT NFP ORGANISATIONS?

Not-for-profit organisations are those which do not operate for making profit for their owners and other members, rather they operate for meeting its purposes only. However, ATO recognises an organisa...

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24
May

REVISING AN EARLIER ACTIVITY STATEMENT

If you think you made a mistake in your activity statement that has been already lodged, you may correct it by completing a revised activity statement rather than correcting it on a later statement. T...

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24
May

LIVING AWAY FROM HOME ALLOWANCE FRINGE BENEFITS

A living-away-from-home allowance (LAFHA) is an allowance that as an employer you pay to your employee to cover additional expenses incurred or any disadvantages suffered due to their living away from...

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24
May

HOW MANY FOREIGN EXCHANGE (FOREX) REALISATION EVENTS ARE THERE?

There are a total of five Forex realisation events which have been described in details below: Forex realisation event 1 Forex realisation event 1 occurs when there is a disposal of foreign curre...

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24
May

EXPLAIN THE OFFSETS OR REBATES IF YOU HAVE MAINTAINED AN INVALID OR INVALID CARER

In Australia, if you maintain certain people, who are of 16 years of age or above and enjoying particular government payments, then you may be entitled to a tax offset (sometimes referred to as tax r...

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