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Superannuation Contributions Increase Effective 01 July 2021
Mark SemmensKey Points The ATO has recently published the key superannuation rates and thresholds for the 2021–22 year. See below for...
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How to use inventory to maximise your tax benefits
Mark SemmensKey Points: Writing off inventory involves removing the cost of ‘no-value’ inventory items from the accounting records.Unsold inventory is an...
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Superannuation Rates and Thresholds for 2021–22
Mark SemmensKey Points The ATO has recently published the key superannuation rates and thresholds for the 2021–22 year. See below for...
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Business Conditions Surge in March 2021
Mark SemmensKey Points NAB's monthly business survey for March 2021 reflects a rapid yet unexpected recovery, following record lows in early...
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Director ID Regime Takes Shape
Mark SemmensKey Points The Government is introducing Director IDs, which forms part of the ATO’s Modernising Business Registers program.The ABRS, once...
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STP Phase 2 Commences January 2022
Mark SemmensKey Points Mandatory STP Phase 2 reporting commences in January 2022Government aims to reduce the reporting burden for employers who...
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End of JobKeeper FAQs
Mark SemmensKey Points The JobKeeper scheme’s comes to an end on the 28 March 2021 and we’ve compiled responses to your...
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STP Options for Closely Held Payees
Mark SemmensKey Points Business owners can use the basic method to calculate fuel tax credits for diesel used in heavy vehicles,...
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Basic Method for Calculating Fuel Credits for Heavy Vehicles
Mark SemmensKey Points Business owners can use the basic method to calculate fuel tax credits for diesel used in heavy vehicles,...
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CPA Australia Calls for Lockdown Support for Businesses
Mark SemmensKey Points CPA Australia has called for a national safety net to be developed, to assist businesses through snap-lockdowns.CPA Australia...
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Mark Semmens
Mark is a Chartered Accountant with a wealth of experience in accounting and taxation. Mark is a Member of Chartered Accountants Australia and New Zealand, the Tax Practitioners Board and the National Tax and Accountants Association.
Mark's blogs
Daniela Semmens
Daniela Semmens is a Co-Director of Semmens & Co. and joined the company as General Manager in 2017. Daniela is an Affiliate Member of Chartered Accountants Australia and New Zealand and also a Member of the Australian Institute of Project Management.
Daniela's blogsContact Us Today
For any enquiries into our team or our services please contact Semmens & Co. via email at info@semmensco.com.au or call us on 03 8320 0320
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