Gemma
February 5, 2024
With business operations underway, a new calendar year presents a perfect opportunity for entrepreneurs and business professionals to reflect on the past and set the stage […]
January 29, 2024
The recent spate of extreme weather events during the summer in various parts of Australia has presented unprecedented challenges for small businesses. As a result, the […]
January 29, 2024
As a small business owner gearing up for retirement, selling your business can be a strategic move to give your nest egg that final boost. However, […]
January 29, 2024
In a significant reversal to a key election promise, the Australian federal cabinet has approved changes to the stage-three tax cuts package, set to come into […]
January 29, 2024
Stepping into 2024, businesses may navigate dynamic economic, societal, and technological shifts. Successfully navigating these changes requires a strategic and agile approach, which is essential for […]
December 19, 2023
The ATO’s lodgment penalty amnesty has been extended, providing thousands of eligible enterprises with a chance to rectify overdue income tax returns, business activity statements (BAS), […]
December 18, 2023
As the calendar year draws to a close, businesses often find themselves in a familiar but often challenging position – chasing invoices. A healthy cash flow […]
December 15, 2023
As retirees embrace a new phase in their lives, the concept of property downsizing is gaining momentum as a strategic and rewarding financial move. Downsizing isn’t […]
December 15, 2023
Property owners need to understand the intricacies of deductions associated with their cherished holiday retreats. However, as the holiday season approaches, they may find that their […]
November 27, 2023
Have you ever wondered about the origin story of your business? What drove you to start it in the first place? It’s a question that often […]
November 27, 2023
Superannuation, often called ‘super,’ is a vital part of Australia’s financial landscape. It’s a retirement savings system intended to provide financial security in your golden years. […]
November 27, 2023
As a business owner, one of the perks is the ability to claim tax deductions for expenses related to motor vehicles used in your business operations. […]
November 26, 2023
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 […]
October 31, 2023
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. […]
October 31, 2023
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 […]
October 31, 2023
Not quite ready to take the plunge into full retirement, but ready to make a start? Transitioning into the retirement phase of your life means […]
October 31, 2023
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 […]
September 28, 2023
$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 […]
May 14, 2024
Did you know that if you lodge your tax return in early July, your tax return’s chances of being flagged as incorrect by the ATO are […]
May 14, 2024
Land tax is an annual tax paid to state and territory governments by land owners. If your business owns the property, you will likely need to […]
May 14, 2024
Changes are being made to trust administration as a part of the Modernisation of Trust Administration Systems project, which will impact the way in which you […]
May 14, 2024
The Australian Taxation Office (ATO) is cautioning rental property owners about accurately claiming deductions on their tax returns this year, particularly with regard to maintenance claims. […]
May 14, 2024
Another significant announcement arising from the 2024-25 Budget involves integrating superannuation with government-funded parental leave. To bolster Australia’s government-funded Paid Parental Leave (PPL) scheme and enhance […]
May 14, 2024
With the latest Budget announcement, the Instant Asset Write-Off extends into another financial year, offering continued benefits for small businesses. Businesses with an aggregated turnover of […]
May 14, 2024
The Federal Budget was handed down on 14 May 2024, and has outlined a number of changes that impact businesses, tax & superannuation. Instant Asset Write-Off […]
April 29, 2024
Strategic planning for businesses ensures resilience and continuity in adversity. While businesses often focus on growth and expansion, preparing for potential disruptions and emergencies that could […]
April 29, 2024
As retirement looms, ensuring a comfortable and secure future becomes a top priority for many individuals. One essential aspect of this preparation is maximising superannuation contributions. […]