Welcome!
Welcome to the new website of GM Tax. There will be more news from Jane, Chrissy, and the team very soon!
Welcome to the new website of GM Tax. There will be more news from Jane, Chrissy, and the team very soon!
The Federal Government has announced (as part of its Coronavirus Stimulus Package) the introduction of a new JobKeeper Payment to assist eligible employers (and self-employed individuals) who have been impacted by the Coronavirus pandemic to continue to pay their workers. An overview of the package is as follows; Ø Eligible Employers will be paid
Coronavirus Stimulus Package – New Jobkeeper Payment Read More »
A great concern for all individuals and households at the moment is the impact the Coronavirus will have on you and your household. The Australian government is working through this difficult time to introduce various tax relief packages for Individuals and households affect by the Coronavirus. Please refer to factsheets for further guidance. [ddownload id=”1773″
FACTSHEETS COVID 19 Read More »
A great concern for all small businesses at the moment is the impact the Coronavirus will have on your business and business around you. The Australian government is working through this difficult time to introduce various tax relief packages for small businesses and those affect by the Coronavirus. Small Business Stimulus Package A summary below
Coronavirus – Small Business Tax Relief Read More »
The Australian filing deadline is fast approaching which am sure is the last thing you may be thinking about due to current crisis we are all facing. We and the ATO urge you not to delay submission of your tax returns due to your inability to pay any tax liabilities that may arise as a
We at GM Tax have a work from home policy. We have plans in place for our employees can work from home as the need arises. Our offices remain open and we shall ensure that there will be no disruption to our service offering to you. We are committed to providing a high level of
Working Safe During Coronavirus Read More »
There are significant changes coming into affect from 6th April 2020, which will dramatically affect the tax paid or due to be paid and the relief’s available on residential properties; Proposed changes in relation to the main residency exemption With effect from 6 April 2020 the following changes will apply; 1. The final period exemption
Changes in Capital Gains Tax on Private Residences/Property Read More »
The removal of the Main Residence Exemption was passed by the Australian Senate on Thursday 5th December 2019 which will see the Main Residence Exemption entitlement removed for Australian expats. Australian expats who currently live overseas and own a property that was a former Principle Place of Residence (PPR) will now need to make a
Main Residence Exemption Bill Passes Senate Read More »
The UK’s Let Property Campaign, is a campaign run by HMRC for individuals who have undisclosed income in relation to rents received. The Let Property Campaign gives you an opportunity to bring your tax affairs up to date if you’re an individual landlord letting out residential property in the UK while your are overseas. If
Let Property Campaign & Disclosure to HMRC Read More »
Should you have missed the 31 January 2019 filing deadline you will have automatically received a late filing penalty of £100.00. If your return is still outstanding as at 30th April 2019 a further penalty of £300.00 will be incurred and £10.00 daily penalties will commence from 1st May for up to 90 days or
2018 UK Tax Returns Late Filing Penalties – £10.00 per day penalties to be avoided Read More »