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Applying for a Departing Australia Superannuation Payment (DASP)

12 Sep 2017

If you are a former temporary resident who accumulated superannuation (super) while working in Australia, you can claim your super from your super fund if all of the following are met: You entered Australia on a temporary visa listed under the Migration Act 1958 (excluding subclasses 405 and 410) Your visa is no longer in effect You have departed […]
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Understanding the sharing economy and tax

06 Sep 2017

Some taxpayers may be earning income through the sharing economy without fully understanding their tax obligations. The ATO have updated their sharing economy and tax web page to help taxpayers understand what they need to know about: Working in the sharing economy Income and GST How to avoid a tax debt Please remember that if […]
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ATO: Stay alert to phishing scams

04 Sep 2017

Beware of emails claiming to be from organisations you deal with alerting you to unexpected changes on your account. To help protect you in these instances, we recommend you: Do not click on hyperlinks, open attachments or log on to the organisation’s website Immediately check those accounts and contact the organisation by phone Source: https://www.ato.gov.au/Tax-professionals/Newsroom/Digital-interaction-with-us/Stay-alert-to-phishing-scams/
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Low income earners may need to lodge

31 Aug 2017

If your taxable income is under the tax-free threshold you may still need to lodge a tax return. Common reasons for this include, if you: had pay as you go (PAYG) withheld from payments received during the year had a reportable fringe benefits amount on their PAYG payment summary had reportable employer superannuation contributions on […]
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Griffin & Associates

79 Denham St, Townsville City QLD 4810

Phone 07 4772 6588

Chartered Accountants