June 22, 2018

July 2018 overseas businesses that meet the GST registration threshold of A$75,000 will need to charge GST on goods that are:

  • less than A$1,000 (low value)

  • imported into Australia

  • not GST-free (such as most basic food, alcohol, tobacco, or tobacco products...

June 8, 2018

If you buy an asset by 30 June and it costs less than $20,000, you can write off the business portion in your 2018 tax return.

You are eligible to use simplified depreciation rules and claim an immediate deduction for the business portion of each asset (new or second ha...

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