You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you. And you certainly didn’t get a $100k refund in your bank account. What happens now? In what is rapidly becoming the most common tax […]
It wasn’t me: the tax fraud scam Read More »
The Government has amended the legislation guiding registered tax practitioners to include compulsory reporting of material uncorrected errors to the Tax Commissioner. The Government has legislated a series of changes to the Tax Agents Services Act 2009 that place additional requirements on registered tax practitioners and how they interact with clients. The reforms are in
The changes to how tax practitioners work with clients Read More »
The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government. After much speculation, the Government has announced that they will amend the legislated Stage 3 tax cuts scheduled to commence on 1 July 2024. This will mean that more
The Redesigned Stage 3 Personal Income Tax Cuts Read More »
New regulations for incorporated associations in Victoria came into effect on 18 November 2023. These new regulations include updates to the model rules which some incorporated associations have adopted as the rules of their association. Model rules Key changes to the model rules that have come into effect include: Improved dispute resolution processes Updated
New regulations for Incorporated Associations Read More »
Join us as we catch up with Auditor, and sports enthusiast, Michael Hutton… When did you join the team at CountPro? I started on 23 July 2018. What do you enjoy most about working at CountPro? There’s a heavy focus on teamwork, with an emphasis on professionalism and quality. We have an expert
CountPro Team Profile – Michael Hutton Read More »
The CountPro team was thrilled to take out two awards at the recently held 2023 Federation University Commerce Ballarat Business Excellence Awards. In their 35th year, the Federation University Commerce Ballarat Business Excellence Awards aim to celebrate and support local businesses in all they have achieved and contribute to Ballarat. Held at the end of
Business Awards Success Read More »
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue
Why is my tax refund so small? Read More »
Our team will be on Win TV as part of the 2023 Federation University Commerce Ballarat Business Excellence Awards!
CountPro TV stars! Read More »
Last week we caught up with Administration Manager, Kiri fry, to ask the tough questions… When did you join the team at CountPro? Back in February 2010. What do you enjoy most about working at CountPro? Definitely the people! I love working as part of a team and having such great people to
CountPro Team Profile – Kiri Fry Read More »
A summary of the important changes that came into effect on 1 July 2023. Employers & business Superannuation guarantee increases to 11% from 10.5% National and Award minimum wage increases take effect. The minimum salary that must be paid to a sponsored employee – the Temporary Skilled Migration Income Threshold – increased to $70,000
What changed on 1 July 2023 Read More »
