Sustainability has become a key focus for businesses across all industries. Companies are increasingly recognising that sustainable business practices not only help the environment but also […]
Division 293 tax is an additional tax on concessional superannuation contributions for high-income earners in Australia. It is applied at a rate of 15% on certain […]
As 31 March approaches, businesses need to prepare for their Fringe Benefits Tax (FBT) obligations to ensure compliance with the Australian Taxation Office (ATO). The FBT […]
When it comes to managing employee benefits, understanding reportable employer super contributions is essential. These contributions impact your reporting obligations and your employees’ tax situations. What […]
Superannuation is one of the most significant investments many Australians will make. The stakes are even higher for those managing their retirement savings through a self-managed […]
The Luxury Car Tax (LCT) is an Australian tax applied to vehicles exceeding specific value thresholds. As of the 2024–25 financial year, LCT is levied at […]
The start of a new year is the perfect time for businesses to reflect on their daily operations and identify areas for improvement. Small, consistent changes […]
The halfway point of the financial year is an excellent time to take stock of your superannuation. With six months of income and contributions already in […]
As the new year begins, it’s the perfect time for business owners to reflect and reset. An accountant’s advice? Building strong business habits in 2025 will […]
Running a business comes with plenty of challenges and opportunities, and knowing where your business fits in the broader landscape can make a big difference. In […]
The beginning of a new year is an excellent time to revisit your financial obligations, particularly your taxes. January sets the tone for the rest of […]
Increasing cash flow while maintaining quality and avoiding overburdening employees is a challenge many small business owners face. Streamlining expenses is an effective strategy that directly […]
When you purchased your commercial property, you either paid GST on the purchase or claimed GST on the purchase price by registering for GST. If the […]
Building a company culture that serves employees and aligns with business goals is both essential and achievable. A balanced culture fosters high employee satisfaction and supports […]
Insurance within superannuation is a valuable option that many Australians use to help protect their financial security. While there are clear benefits, it’s important to consider […]
Many Australians dream of moving overseas for a short-term adventure or a permanent lifestyle change. For some, the move is meticulously planned; for others, it’s a […]
The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest […]
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% […]
Clients with self managed superannuation funds (SMSFs) often ask what assets the SMSF can acquire. Why? The golden rule for acquiring assets inside your SMSF is […]
When it comes to selling a business, there are two key components at play: structuring the transaction; and positioning the business to the market. Both elements […]
By David Downie, Partner What do you want from your business? What do you want from your investments? What do you want from your job or profession? […]
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. Electric vehicles (EVs) […]
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the […]