Tax Alert September 2023
Lodgement amnesty and new landlord data matching program While the government is boosting the tax deductions available for small business spending on staff training, other taxpayers such as landlords are…
Trusts and the new super tax rules
Ensuring you’ve structured your finances tax-effectively is always a concern, but with new tax rules for super on the horizon, many people with large balances are considering alternative vehicles to…
How to boost your super with a lump sum
If you’re lucky enough to have received a windfall, perhaps an inheritance or a retrenchment payout, your first decision will be what to do with it. Assuming you have decided…
Small businesses and SMSFs: keep an eye on the rules
As digital tools continually evolve, it is more important than ever to make sure you understand your tax obligations and comply with them. The Australian Taxation Office has been expanding…
Keeping cashflow positive
Managing a healthy cash flow is often tough for small businesses and it is particularly the case right now in the challenging economic conditions. In this climate, recent changes to…
Get your SMSF shipshape for EOFY
If you have an SMSF, it’s essential to get your fund is in good shape and ready for June 30 and the annual audit. It’s particularly important this year, because…
Tax alert June 2023
Budget incentives and crackdowns on unpaid tax debts and rental deductions. Although this year’s Federal Budget was short on big changes when it came to tax, there still have still…
Tax Alert March 2023
Family trust rules and new guidance on contractors The Australian Taxation Office (ATO) has confirmed its position on family trust distributions, while also providing employers with new information to simplify…
Guide to business grants
It’s been a tough few years for many businesses, with the pandemic and natural disasters, especially small business owners. Finding funds and expertise for business development can be challenging for…
Keeping on the right side of SMSF rules
The lure of greater control over your retirement savings with a self-managed super fund may be enticing but the freedom to chart your own destiny also comes with the responsibility…