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North Advisory Accountancy Blog

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FBT on private use of utility vehicles

Posted March 28, 2017 by North Advisory

A motor vehicle designed to carry a load of more than one tonne may still be a reportable fringe benefit for an employee. The ATO…

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Uber drivers must register for GST

Posted March 21, 2017 by North Advisory

In ‘Uber BV v FC of T‘, the Federal Court has held that persons who are Uber drivers are required to be registered for GST…

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Transition to retirement pensions – Back to their true purpose

Posted March 21, 2017 by North Advisory

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions…

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The $1.6 million transfer balance cap – What does it mean for you?

Posted March 17, 2017 by North Advisory

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst those changes was the introduction of a $1.6 million…

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ATO targeting business operating as cash only

Posted March 10, 2017 by North Advisory

Businesses operating in the cash economy will be under increased scrutiny in the coming months. The ATO is looking to continue their fight against the…

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Merry Christmas from North Advisory

Posted December 23, 2016 by North Advisory

From all of us at North Advisory, we wish you and your family a Merry Christmas and a Happy New Year. Please be advised that…

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Contributions – what the changed concessional and non-concessional caps may mean for you

Posted December 20, 2016 by North Advisory

With many of the changes announced in the 2016 Federal Budget now passed by Parliament, there is an amount of certainty that you can have…

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ATO digital services and systems downtime

Posted December 13, 2016 by North Advisory

UPDATE: As of 14th December 2016, it appears that the ATO website is back up and running along with the Tax Agent Portal and BAS…

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ATO data matching program – ride sourcing

Posted December 13, 2016 by North Advisory

The ATO has advised that it will be collecting data to identify individuals engaged in providing ride-sourcing services during the 2016/17 and 2017/18 financial years….

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Super reform Bills receive assent

Posted December 12, 2016 by North Advisory

Two of the three Bills that formed the superannuation reform package first announced by the government in the 2016 Federal Budget have received assent. The…

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