2016 February

GST on entertainment expenses

Once a year, you or your accountant will have to make an adjustment in your GST return to pay back the GST on the 50% non-deductible expenses you’ve previously claimed . This adjustment is to be included in the GST return that covers the earlier of the date: your income tax return is Read full article »


Family tax credit

Minimum family tax credit increase for the 2016-17 tax year Low-income working families eligible for the minimum family tax credit (MFTC) will receive an increase for the 2016-17 tax year. The MFTC currently guarantees recipients an after-tax income of $23,036 a year ($443 a week). This will increase to $23,764 Read full article »


Thanks for visiting us. Due to Mick retiring, from the
1st April, J B Lloyd will be merged with Ingham Mora.
For any queries please contact Ingham Mora on
07 927 1200 or visit their website.

Take me to Ingham Mora's Site