January 31, 2023

Tax Planning or Planning for Tax?

By Mark Copsey, Partner When you think of Tax Planning you may think it’s only for large businesses or the ultra wealthy. However, if you reframe it […]
January 30, 2023

What do the ‘Secure Jobs, Better Pay’ reforms mean?

The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 received royal assent on Tuesday 6 December 2022. The legislation is extensive and brings into […]
November 29, 2022

Knowing where you’re headed: Your Business Plan

By David Downie, Partner In a previous post, we started looking at how to develop your own personal Clarity Plan. For many, December and January will be […]
November 28, 2022

Tax planning: the sooner, the better

By Mark Copsey, Partner As we head into the festive season, it’s easy to lose sight of things – like tax planning – that could either […]
November 27, 2022

Scams and how to avoid them

The “Hi Mum” scam (where you receive a text message that starts with e.g., “Hi Mum, I have broken my phone and I am using this […]
October 30, 2022

Shuffling the decks: 2022-23 Budget 2.0

There is nothing in this Budget that would create a UK style crisis. The stage 3 tax cuts legislated to commence on 1 July 2024 are […]
October 29, 2022

Lessons from a data breach

The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data stolen. For business, the breach is […]
October 29, 2022

Stamp duty or an annual property tax for NSW first home buyers?

First home buyers purchasing property in NSW of up to $1.5m will have a choice of paying stamp duty or an annual property tax from 16 […]
October 29, 2022

Australian super funds gorge on cryptocurrency

The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest […]
September 29, 2022

120% deduction for skills training and technology costs

The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% […]
September 29, 2022

Acquiring collectibles in your SMSF

Clients with self managed superannuation funds (SMSFs) often ask what assets the SMSF can acquire.  Why? The golden rule for acquiring assets inside your SMSF is […]
September 29, 2022

How to sell your business

When it comes to selling a business, there are two key components at play: structuring the transaction; and positioning the business to the market. Both elements […]
September 28, 2022

Knowing where you’re headed: Your personal Clarity Plan

By David Downie, Partner What do you want from your business? What do you want from your investments? What do you want from your job or profession? […]
August 29, 2022

How high will interest rates go?

The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the […]
August 29, 2022

FBT-free electric cars

New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. Electric vehicles (EVs) […]
August 29, 2022

It’s Not Easy Being Green

Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the […]
July 28, 2022

Tax and the family home

Everyone knows you don’t pay tax on your family home when you sell it… right? We take a closer look at the main residence exemption that […]
July 28, 2022

Tax Time Targets

The ATO has flagged four priority areas this tax season where people are making mistakes. The Australian Taxation Office (ATO) has revealed its four areas of […]
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 […]