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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
Keeping your business passion alive With thanks to our guest contributor: Jo Hanlon of Mind Your Ps, our go-to HR experts You may have inherited a business, started one, […]
Superannuation A common misconception is that a deceased member’s superannuation benefits automatically form part of their estate, which is transferred under their Will. A deceased individual’s […]
Budget blows for residential property investors become law The 2016/17 Federal Budget included measures intended to address housing affordability. Strangely two of these measures attempt to […]
For 170 years, Chatsworth has provided a magnificent breeding ground for sheep, cattle and horses. Straddling the meandering Crookwell River and nestled in the rolling hills […]
Single Touch Payroll (STP) is a new electronic way of reporting employee payments to the Australian Taxation Office (ATO). From 1 July 2018, employers with 20 […]
A reminder that the Notifiable Data Breaches (NDB) scheme has been law in Australia from 22 February 2018. The NDB scheme applies to all organisations with […]
Under the Australian Government’s latest tax grab (disguised as providing affordable housing to Australian residents), there is a very nasty sting on its way for Australians […]