https://taxnually.com.au We're Chartered Accountants and Advisors specializing in services for small and medium businesses. Business Taxation and Advisory Services. Choosing the right structure is key to how your business runs, grows, and pays tax. Whether you're starting out or restructuring, we’ll help you set it up the right way and take care of all the registrations. Tue, 06 Aug 2024 00:00:00 +0700 Tax time shouldn’t be confusing, rushed, or filled with guesswork. Whether you're managing personal income or running a business, we help you lodge your tax return accurately — and make sure you’re not paying more tax than you need to. Tue, 06 Aug 2024 00:00:00 +0700 If your business is registered for GST, you’ll need to lodge regular BAS to report and pay GST, PAYG instalments, and other taxes. We handle the entire process, so you can focus on your business — with confidence that your reporting is accurate and always on time Tue, 06 Aug 2024 00:00:00 +0700 A Self-Managed Super Fund (SMSF) offers flexibility and control over how your retirement savings are invested and managed — but that control comes with strict responsibilities. We take care of your SMSF’s compliance and administration — so you can manage your retirement savings confidently, without worrying about tax or paperwork. Tue, 06 Aug 2024 00:00:00 +0700 Overview about the record-keeping requirements so you meet your tax, superannuation and registration obligations. Fri, 28 Jun 2024 00:00:00 +0700 Changes to Individual income tax rates and thresholds from 1 July 2024. Mon, 01 Jul 2024 00:00:00 +0700 Sun, 18 Aug 2024 00:00:00 +0700 Thinking of buying your current business premises and wondering if you need to pay extra for GST? Sun, 01 Dec 2024 00:00:00 +0700 Wed, 05 Feb 2025 00:00:00 +0700 The Full Federal Court has ruled that when a trust owes an unpaid present entitlement (UPE) to a company, it is not considered a loan. This means UPEs are not treated as dividends under Division 7A, which goes against the ATO’s previous stance. Tue, 25 Feb 2025 00:00:00 +0700 The ATO is keeping a close eye on contractors who fail to report all their income. Recent data matching has revealed that some contractors are either underreporting or leaving out contractor payments altogether. Wed, 26 Feb 2025 00:00:00 +0700 The Australian Government has released the Federal Budget for 2025–26, introducing several measures aimed at providing tax relief, supporting small businesses, and enhancing compliance efforts. Here’s an overview of the key initiatives: Fri, 28 Mar 2025 00:00:00 +0700 Mon, 07 Apr 2025 00:00:00 +0700 Mon, 07 Apr 2025 00:00:00 +0700 Mon, 07 Apr 2025 00:00:00 +0700 Mon, 07 Apr 2025 00:00:00 +0700 Mon, 07 Apr 2025 00:00:00 +0700 Mon, 07 Apr 2025 00:00:00 +0700 At Taxnually, we don’t believe in just lodging your tax return and calling it a day. We work with you all year round to make sure your tax strategy is aligned with your financial goals — not just the ATO’s deadlines. Fri, 11 Apr 2025 00:00:00 +0700 We know that good bookkeeping and payroll are important for any business. When things are done properly, you stay out of trouble with the ATO, understand your numbers clearly, and feel more confident making business decisions. Fri, 11 Apr 2025 00:00:00 +0700 Thu, 17 Apr 2025 00:00:00 +0700 From 1 July 2024, the Australian Taxation Office (ATO) has made an important change that could help you claim more at tax time: the fixed rate for working from home deductions has increased to 70 cents per hour. Tue, 22 Apr 2025 00:00:00 +0700 This article explains what SMSF trustees need to know about holding bullion from a tax, reporting, and compliance perspective. Thu, 15 May 2025 00:00:00 +0700 Learn how GST works for small businesses in Australia. Understand when to register, how to claim GST credits, and common pitfalls for cafés and service providers. Wed, 28 May 2025 00:00:00 +0700 Step-by-step instructions to notify the ATO of your Software ID using Access Manager. Applies to Xero, MYOB, and QuickBooks. Tue, 01 Jul 2025 00:00:00 +0700 Australia’s tax system can be quite complex, especially for international students and temporary residents. One important matter to understand is how to apply for an exemption from the Medicare levy in your tax return. To be eligible for this exemption, you need to obtain a Medicare Entitlement Statement (MES). This article will guide you step by step on how to apply for the MES, so you can lodge your tax return correctly and legally. Wed, 30 Jul 2025 00:00:00 +0700 A step-by-step guide for Pty Ltd companies on how to update and authorise a tax agent via ATO Online Services. Includes clear instructions and easy-to-follow visuals. Tue, 15 Jul 2025 00:00:00 +0700 A clear, step-by-step guide to help you apply for your own Director ID in Australia. Mon, 07 Jul 2025 00:00:00 +0700 Payday Super, CGT reform, family trust rules, and more. Here's what every Australian small business owner needs to know — in plain English. Thu, 07 May 2026 00:00:00 +0700