Gemma

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 […]
October 31, 2023

Catching Up On Carry-Forward Contributions

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

The Billion Dollar TikTok Scandal

$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 […]
September 28, 2023

The case of the taxpayer who was paid too late

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 […]
September 28, 2023

Legislating the ‘objective’ of super

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 […]
September 28, 2023

The shape of Australia’s future

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 […]
August 30, 2023

Succession: What does it take to hand your business to the next generation?

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 […]
December 2, 2024

Selling A Former Rental Property? Here’s How The CGT Works…

When you sell a rental property in Australia, you may be liable for Capital Gains Tax (CGT) if the property has increased in value.  Here’s a […]
November 24, 2024

How To Build A Strong Company Culture For Employees That Works For Employers

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 […]
November 18, 2024

The Pros and Cons of Insurance within Superannuation

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 […]
November 11, 2024

Determining Your Tax Residency – A Guide For Overseas Australians

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 […]
November 4, 2024

Business Income – What Counts?

The concept of business income has expanded far beyond traditional brick-and-mortar shops.  Whether you run a digital store, offer services through an app, or even sell […]
October 28, 2024

Using Super For Medical Costs: Is It Worth It?

Over the past five years, more than 150,000 Australians have dipped into their retirement savings early to cover medical expenses, raising concerns about the financial impact […]
October 21, 2024

Claiming Immediate Deductions for Depreciating Assets: A Guide for Employees

When it comes to work-related expenses, the Australian Taxation Office (ATO) allows employees to claim immediate deductions for depreciating assets that cost $300 or less.  While […]
October 14, 2024

What Is Business Liability & How Can You Protect It?

Running a business in Australia comes with many responsibilities, and one of the most important aspects is understanding your liability.  Business liability refers to the legal […]
October 7, 2024

Understanding the Risks Associated with Superannuation

Superannuation is one of the best ways to save for retirement, but it’s not without its risks—especially if you’re between 40 and 60 and starting to […]