Gemma

February 20, 2024

Closing The Gap: Gender & Superannuation

There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden […]
February 20, 2024

Explaining The New Reporting Regime For The Sharing Economy

The Sharing Economy Reporting Regime (SERR) represents a significant development in Australia’s tax landscape, requiring certain businesses operating in the sharing economy to report specific transactions […]
February 5, 2024

Crafting Your Own New Year’s Business Resolution In 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

Navigating Challenging Times – Understanding NANE Income Versus Assessable Income

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

Selling Your Business? These CGT Concessions Could Help Increase Your Super

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

Why Are The Stage 3 Tax Cuts The Subject Of Discussion?

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

How To Navigate Business Challenges In 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

Lodgement Penalty Amnesty For Businesses Ends 31 December 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

Chasing Up End Of Year Invoices

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

Rightsizing Your Lifestyle: The Art of Property Downsizing

 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

Unlocking the Secrets of Deductions: A Holiday Home Owner’s Essential Checklist

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

Do You Have A Goal For Your Business?

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

5 Superannuation Misconceptions Australians Might Have…

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

Claiming Motor Vehicle Expenses On Your Tax Return

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

Unlocking Business Value: Essential Steps to Determine Your Company’s Worth

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

Providing Affordable Housing? You Could Be Eligible For A CGT Discount

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

The Age Pension Thresholds Have Changed Since 1 July 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

What Is A Transition To Retirement Pension?

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 […]
July 28, 2024

Spousal Contributions: A Guide To Voluntarily Boosting Super

Superannuation is a vital aspect of retirement planning in Australia, ensuring individuals have sufficient savings for their later years. One effective strategy to enhance your family’s […]
July 28, 2024

Ensuring Income Tax Exemption: Key Points for Not-for-Profit Sporting Organisations

Starting from the 2023-24 income year, not-for-profit (NFP) organisations, including sporting clubs, societies, and associations with an active Australian Business Number (ABN), must lodge an annual […]
July 28, 2024

How Could E-Commerce Impact Your Business In The New Financial Year?

As the Australian e-commerce landscape evolves, 2024 is set to be a year of significant innovation and adaptation. With 24 million smartphone users and an expected […]
June 26, 2024

Common EOFY Mistakes Made That Can Be Fixed Before 30 June

Finding yourself increasingly more busy as the EOFY approaches, particularly with meeting your tax obligations? It’s coming on tax time, so it’s time to ensure you’re […]
June 26, 2024

Meeting Your Business’s Tax Obligations At The EOFY

As the End of the Financial Year (EOFY) approaches in Australia, businesses must gear up to meet their tax obligations efficiently and accurately. This period can […]
June 26, 2024

Understanding The Superannuation Clearing House

As the End of the Financial Year (EOFY) approaches, employers and self-employed individuals must ensure their superannuation contributions are processed efficiently and on time. Utilising a […]
June 26, 2024

Self-Employment & Superannuation Before The EOFY

As the End of the Financial Year (EOFY) approaches, self-employed individuals can bolster their retirement savings and take advantage of significant tax benefits.  While the self-employed […]
May 29, 2024

Trust Tax Return Compliance: A Guide

Managing a trust comes with its share of responsibilities, especially regarding tax compliance. To assist trustees and administrators, the ATO has provided a checklist that can […]
May 29, 2024

How to Manage Cash Flow and Plan for Growth: A Guide for Small Businesses In The Lead Up To EOFY

Effective cash flow management is essential for the success and growth of any small business. Proper budgeting, forecasting, and managing finances ensure that your business remains […]