Gemma

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 […]
May 29, 2024

Millenial & Gen Z – Preparing For The Future With Superannuation

Millennials and Gen Z are facing some of the most difficult challenges when it comes to financial priorities. Between paying off HECS debts/HELP loans and saving […]
May 29, 2024

The Instant Asset Write-Off Continues To The 2024-25 Financial Year

In a move aimed at bolstering small business cash flow and reducing compliance costs, the Australian government has announced an extension of the $20,000 instant asset […]
May 14, 2024

Take Your Time: Getting Your Return Right

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

A Guide To Land Tax Across The States

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

Key Changes To Trust Administration To Affect Lodgements

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

Warnings For Deductions Claimed On Rental Properties

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

Minding The Gap: Paid Parental Leave & Superannuation

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

The Instant Asset Write-Off Re-Explained

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

2024-25 Federal Budget Announcements

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 Business Resilience: The Importance of Disaster Management, Crisis, and Continuity Plans

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

What Contributions Can Be Made To Superannuation Funds?

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. […]
April 29, 2024

Understanding Fringe Benefits Tax (FBT) And What It Covers

For businesses in Australia, providing fringe benefits to employees can be a valuable way to attract and retain talent, as well as incentivise performance. However, employers […]
April 29, 2024

Strategies To Cut Costs Without Cutting Ties

For businesses, maintaining profitability and financial stability is essential for long-term success. At times, this can lead to costs needing to be cut.  However, cost-cutting initiatives […]
April 29, 2024

What Is The Small Business Superannuation Clearing House?

For small businesses in Australia, managing superannuation payments for employees can be a time-consuming and complex task. Super guarantee payments must be made quarterly, with the […]
March 25, 2024

Compliance in the WFH Landscape: Know The Right Method You Can Use To Claim Expenses

Ensure you’re up to date on how to claim your working-from-home expenses!  As the business landscape shifts back and forth between office, hybrid and home-based work […]
April 21, 2025

Estate Planning for Young Families: Protecting Your Loved Ones and Your Legacy

When you’re in the thick of raising a family – balancing work, school runs, and sleepless nights – estate planning probably isn’t top of your to-do […]
April 14, 2025

The Instant Asset Write-Off: A Small Business Tax Perk Worth Knowing About

If you’re running a small business in Australia, you’ve probably heard the term “instant asset write-off” tossed around—especially come tax time, and more recently in the […]
April 7, 2025

7 Red Flags In A Business That Could Jeopardise Its Success

Running a business comes with its fair share of challenges, but some warning signs indicate deeper problems that could jeopardise its long-term success.  Whether you’re an […]
March 24, 2025

Claiming Expenses Incurred As A Result Of Natural Disasters: Rental Property Owners Beware!

Natural disasters can cause significant damage to rental properties and business premises, leading to costly repairs and financial uncertainty.  If you own a rental property or […]
March 17, 2025

Sustainable Business Practices – A Key Focus For Owners

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 […]
March 10, 2025

Understanding Division 293 Tax: What High-Income Earners Need to Know

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 […]
March 3, 2025

FBT Preparation (What You Need To Do Before 31 March)

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 […]
February 24, 2025

What Are Reportable Employer Super Contributions?

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 […]
February 17, 2025

The Importance of Continuous Advice for Superannuation and SMSFs

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 […]