Category Archives: Blog Posts

Director’s Fees

A reminder regarding changes to the law concerning directors fees which came into effect on the 1st July 2019. If an individual takes drawings from the organisation with the intention to declare these as wages or Director’s fees the individual must be registered as an employee of the organisation in order to claim a tax…
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Australian Bushfires 2019–20

If you live in a bushfire affected area, you don’t need to worry about your tax affairs right now. The ATO have identified impacted postcodes, and will automatically grant deferrals for monthly activity statement lodgements and payments due. You, or your agent, don't need to apply for these deferrals. If you require other assistance related…
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Spinell Group Christmas Appeal 2019

  This year Spinell Group Pty Ltd is hosting its very own Christmas Appeal! We are asking for support from staff, clients and the community to help make this Christmas a memorable one for children and teens that find themselves in foster care this Christmas.Unfortunately there are many children and teens who are placed into…
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Proposed Business $10K Cash Limit

A controversial bill has been passed by the House of Representatives. "The Currency (Restrictions on the Use of Cash) 2019" bill will make it a criminal offence for businesses to make or accept a cash payment of $10,000 or more, penalties of up to two years of imprisonment and a $25,200 fine can be imposed.…
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