Mark Semmens, Author at Semmens & Co.

Key Points The ATO has recently published the key superannuation rates and thresholds for the 2021–22 year. See below for...

Key Points: Writing off inventory involves removing the cost of ‘no-value’ inventory items from the accounting records.Unsold inventory is an...

Key Points The ATO has recently published the key superannuation rates and thresholds for the 2021–22 year. See below for...

Key Points NAB's monthly business survey for March 2021 reflects a rapid yet unexpected recovery, following record lows in early...

Key Points The Government is introducing Director IDs, which forms part of the ATO’s Modernising Business Registers program.The ABRS, once...

Key Points Mandatory STP Phase 2 reporting commences in January 2022Government aims to reduce the reporting burden for employers who...

Key Points The JobKeeper scheme’s comes to an end on the 28 March 2021 and we’ve compiled responses to your...

Key Points Business owners can use the basic method to calculate fuel tax credits for diesel used in heavy vehicles,...

Key Points Business owners can use the basic method to calculate fuel tax credits for diesel used in heavy vehicles,...

Key Points CPA Australia has called for a national safety net to be developed, to assist businesses through snap-lockdowns.CPA Australia...

Mark Semmens