Tuesday 12 March 2019

WARNING ABOUT ATO SCAMS


Scams are designed to trick you into paying money or providing your personal information.

The Australian Taxation Office (ATO) have advised that they don’t use social media, text messages or email to confirm your personal information including Tax File Numbers (TFN) and bank details.

The ATO will never:


  •  Threaten you with immediate arrest, jail or deportation
  •  Call demanding immediate payment of tax debt
  •  Ask for payments via vouchers including Google Play, iTunes or Bitcoin
  • Ask you to pay to release a refund 

If you receive a suspicious email or text message do not:

  • Click any links
  • Open any attachments
  • Reply

You can report a scam by contacting the ATO.

For more information visit:


https://www.ato.gov.au/General/Online-services/Identity-security/Verify-or-report-a-scam/?=QC53447_Link1

Please contact Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

 
We provide accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia. 
 

ARE YOU OVER 65 YEARS OF AGE AND CONSIDERING SELLING YOUR HOME?



Have you considered the downsizer superannuation contribution? From 1 July 2018 (contract signed post this date), if you are 65 years or older and meet the eligibility requirements, you may be able to choose to make a downsizer contribution into your superannuation of up to $300,000 from the proceeds of selling your home.

For more information:


Wednesday 6 March 2019

INSTANT ASSET WRITEOFF INCREASED TO $25,000



The Small Business instant Asset Write Off has been extended to 30 June 2020 and the threshold will be increased to $25,000.

These changes take effect from 29 January 2019.


For more ATO updates please click on the link below:




Please contact Fiona Cook, Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

We provide
accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.