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 […]
August 30, 2023

Thinking of subdividing? Consider the tax implications and pitfalls of small-scale subdivisions

You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, […]
August 30, 2023

Why is my tax refund so small?

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 […]
July 27, 2023

The $20k technology investment boost

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 […]
July 27, 2023

The 120% technology and skills ‘boost’ deduction

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 […]
July 27, 2023

1 July wage increases and other changes

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 […]
June 28, 2023

Tax savings for the taking

Here are some personal tax deductions that should be on your radar as we start working on your FY2022-23 tax returns There are some simple things […]
March 3, 2017

Outstanding ATO debts to be reported to credit agencies from 1 July 2017

Overview  The 2017 Federal Government Mid-Year Economic and Fiscal Outlook (MYEFO) announced that from 1 July 2017, the Government will allow the ATO to disclose tax […]
March 3, 2017

Land Tax Surcharge on Foreign Persons (broader than you may realise)

Overview  The NSW government has introduced a surcharge on residential land held by or associated with a ‘foreign person’ from the 2017 land tax year. This […]
March 3, 2017

Client Alert – Workers Compensation Audits

We have seen an increased number of audits being conducted on clients’ Workers Compensation Policies and are seeing a number of recurring issues arising. This alert […]
April 3, 2017

Introducing our new (digital) way of signing documents

Signatures are going digital We are introducing a new way for you to sign important documents that come from our office. It’s called DocuSign. If you […]
April 3, 2017

Cloud accounting has changed the game and we’re on board

There is no denying we are facing an online revolution. All aspects of our lives and businesses are becoming more ‘digitalised’. Advances in technology are changing […]
April 3, 2017

A warning to the Sharing Economy: the ATO has you in their sights

What the ATO is doing The Australian Taxation Office has warned users of the ‘sharing economy’ (e.g. Airbnb or Uber) that it is performing data matching […]
May 1, 2017

When overseas companies can be considered Australian Tax Residents

Although we’re based in Australia, we regularly work with clients around the world that are seeking to do business or make investments here. One question we have […]
May 1, 2017

Are large repairs to my investment property tax deductible?

A taxpayer was recently denied an immediate tax deduction for a roof repair and replacement for a rental property required due to vermin damage. The reason […]
May 1, 2017

Upcoming GST changes will affect overseas exporters and Australian consumers

Proposed new rules in relation to overseas businesses exporting goods and services direct to Australian consumers may require them to register for Australian Goods and Services […]