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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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

Did you know that money received as a bond from a tenant and retained after they leave your rental property (e.g. for damages, repairs, or rent […]

Mortgage stress can weigh heavily on homeowners, causing financial strain and emotional hardship.  Whether due to unexpected life events, economic challenges, or changes in personal circumstances, […]

Protecting one’s wealth is paramount for individuals and businesses in an ever-changing economic landscape.  While sound financial planning and risk management strategies play crucial roles, the […]

In an era of digitalisation and interconnectedness, protecting personal and financial information has become increasingly critical.  As individuals and businesses rely more on digital platforms and […]

Superannuation compliance is a crucial aspect of running a small business in Australia.  Ensuring that your business meets the regulatory requirements surrounding superannuation contributions is essential […]

Life is full of transitions, each bringing with it financial challenges and opportunities.  Whether navigating a divorce, preparing for retirement, or managing an inheritance, protecting your […]

Generally speaking, superannuation is only available to access or draw from once you reach your preservation age. However, limited and highly conditional options are available for […]

The management of a self-managed super fund (SMSF) comes with various responsibilities attached, including the critical task of record-keeping.  One of the primary reasons for maintaining […]