Determining the value of your business is a critical step when contemplating a sale. Unfortunately, a significant number of business owners are unaware of the monetary […]
An additional 10% capital gains tax (CGT) discount may be available when you sell an Australian residential rental property that you used to provide affordable housing. […]
One of the most common questions from those entering or nearing retirement is, ‘How much money can I have before it affects my pension?’ Our answer […]
Is it time to play catch up with your super contributions? Every financial year, the cap for concessional and non-concessional contributions is set at a specific […]
$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators, and over 100 arrests to date. How did the […]
What a difference timing makes. A recent case before the Administrative Appeals Tribunal (AAT) is a reminder about the tax impact of the timing of employment […]
The proposed objective of superannuation, provided in recently released draft legislation, is: ‘to preserve savings to deliver income for a dignified retirement, alongside government support, in […]
What will the Australian community look like in 40 years? We look at the key takeaways from the Intergenerational Report. The 2023 Intergenerational Report (IGR) is […]
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your […]
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent […]
The Technology Investment Boost provides SMEs with a bonus deduction for expenses and depreciating assets for digital operations or digitising from 7:30pm (AEST) on 29 March […]
The 120% skills and training deduction for small and medium business has passed Parliament. We’ll show you how to maximise your deductions. Almost a year after […]
For employers, incorrectly calculating wages is not portrayed as a mistake, it’s “wage theft.” Beyond the reputational issues of getting it wrong, the Fair Work Commission […]
Tax deductions for topping up super You can make up to $27,500 in concessional contributions each year assuming your super balance has not reached its limit. […]
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 […]