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May 2021

Independent resolution process for small businesses now permanent

Small businesses now have another pathway to resolve tax disputes, with the ATO making its independent review service a permanent option for eligible small businesses (those with a turnover of less than $10 million) after a successful multi-year pilot.

April 2021

It’s time to consider FBT

If your business has provided any benefits to your employees, you may be liable for fringe benefits tax (FBT). This includes benefits to current, prospective and former employees, as well as their associates. It’s important to keep in mind that this applies no matter what structure your business has – sole trader, partnership, trustee, corporation, unincorporated association, etc. If a benefit was provided in respect of employment, then it may be a taxable fringe benefit.

Introducing Connect42 with Emma Sells

Connect42 (formerly Chatter Matters) is a purpose driven not-for-profit organisation that works with people to build their communication skills so they can live whole lives in connection with others.

March 2021

Tax implications of having more than one job 

With insecure, contract and casual work becoming increasingly common, particularly in the current COVID-19 affected economy, it’s no surprise that many young and not-so-young Australians may have income from more than one job. If you are working two or more jobs casually or have overlapping contract work, you need to be careful to avoid an unexpected end of financial year tax debt. 

Halys & Sells
29 Salamanca Place
Hobart 7000
Tasmania, Australia

Phone: 03 6223 4456

Liability limited by a scheme approved under Professional Standards Legislation.