Important Tax Update: ATO Interest No Longer Deductible from 1 July 2025 The Australian Government has introduced a Bill proposing that from 1 July 2025, general interest charges (GIC) and …
Read More… from Accounting & Tax ATO Interest No Longer Deductible from 1 July 2025
For small business owners and payroll managers, staying up-to-date on the latest superannuation changes is essential. And, with the Australian Superannuation Guarantee (SG) set to increase from 10.5% to 11% …
Read More… from Superannuation Guarantee Increase – 1 July 2023
With the current macro economic conditions, a degree of business uncertainty remains. Business owners need to remain agile, strategic and focused on their numbers, operations and direction. Strategic planning …
This week we have some latest news items as well as some industry topics of interest … please read on …. Australian house prices surge, but experts are divided over …
The 2022 financial year has undoubtedly been the most challenging year for us all, from both a business and personal perspective. A degree of business uncertainty remains which will require …
With cryptocurrencies gaining notoriety, many people are unclear on how or when they can be taxed. Despite widespread belief to the contrary, you can be taxed on gains made as …
The end of the tax year is right around the corner and though you may be dreading 30 June, there are things you can do to feel better prepared and …
The 2021 financial year has undoubtedly been the most challenging year for us all, from both a business and personal perspective. A degree of business uncertainty remains which will require …
The Federal Budget was released on Tuesday 11th May 2021. This was a “no surprise” budget designed for economic recovery and to build resilience and future essential services. In our …
Read More… from Federal Budget 2021 – What it means for you!
Toilet paper jokes and mayhem aside, the Coronavirus threat is very real and we’re now seeing an unprecedented impact across the globe. We woke up this morning to hear that …
Read More… from Coronavirus (COVID-19) Stimulus Package – What You Need to Know
You are a small business if – You operate a business for all or part of the income year have an aggregated turnover less than $10 million * If your business …
Read More… from Small Business Tax – planning for 30 June 2019
Your Tax Planning Guide to Minimise your Personal Tax Now’s the time to review what strategies you can use to minimise your tax, before 30 June 2019! Imagine what you …
Read More… from Your Tax Planning Guide – Minimise your Personal Tax
Whether you use a tax agent or choose to lodge your tax return yourself, avoiding these common mistakes will save you time and money. 1. Keeping the right records You …
Read More… from Top 10 tips to help rental property owners avoid common tax mistakes
With 30 June just around the corner we highlight below the main points worth considering this tax time. However, it is worth noting that we would always recommend sitting with …