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Payday super: the details
Payday super will change how superannuation guarantee (SG) is paid. From 1 July 2026, SG payments must be made on payday. Learn more about the new rules and employer obligations.
... read more01 Succession: the series
Managing inherited property can come with complex tax implications. Learn how to navigate tax consequences when transferring assets, from cash to shares and property.
... read moreThe ban on genetic test insurance discrimination
Life insurance and genetic testing discrimination is set to be banned by the government. This article explores the impact on premiums, coverage, and how these changes affect life insurance policies.
... read moreMore women using 'downsizer' contributions to boost super
Find out how women are leading in using downsizer contributions to superannuation. Explore the benefits, eligibility, and how this could boost your retirement savings.
... read moreResidential aged care changes - what could they mean for me?
Understand how the residential aged care changes from July 2025 could affect fees, support, and care options. These changes aim to ensure a fairer system for all Australians.
... read moreIt wasn't me: the tax fraud scam
Fraudsters are increasingly targeting myGov accounts to claim tax refunds and GST credits fraudulently. Learn how tax scams work, how to spot fake communications, and the critical steps to protect your personal information.
... read moreIs the RBA to blame? The economic state of play
Interest rates have surged, with political debate growing around the Reserve Bank of Australia’s policies. The RBA’s stance and economic indicators are under scrutiny as inflation remains high. Explore the key impacts on households and businesses.
... read more$81.5m payroll tax win for Uber
Uber successfully contested $81.5M payroll tax assessments in NSW, with the court ruling drivers as independent contractors, not employees.
... read moreProperty and lifestyle assets in the spotlight
The ATO has increased its focus on property asset owners, including those with expensive lifestyle assets. Investment property income, deductions, and ownership of high-value items like boats and aircraft are now under scrutiny.
... read moreWhen is a gift not a gift?
The distinction between gift or income is crucial in tax law. This article explores a case where the ATO deemed $1.6m in deposits as taxable income, not gifts or loans.
... read moreThere remain five reasons to expect the $A to rise
Expect the AUD to rise as favorable interest rates, undervaluation, and rising commodity prices set the stage for potential currency growth in the coming year.
... read moreIs it worth salary sacrificing into super?
Salary sacrificing into super can be a smart way to enhance retirement savings and reduce taxable income. This article explores the benefits and considerations to determine if it’s worth it for you.
... read moreMortgage versus super – a common dilemma
In the mortgage versus super debate, the right strategy depends on your financial goals. Explore how to weigh the benefits of paying off your mortgage or boosting your super.
... read moreThe rise in business bankruptcy
Business bankruptcy rates are climbing in 2024, with industries like construction and food services hit hardest. Understand the warning signs and how to manage your business’s financial health.
... read moreDivorce, you, and your business
Divorce and business often intersect in complex ways. This article delves into the financial implications of divorce for business owners, exploring how family companies, superannuation, and assets are handled during marital dissolution.
... read moreAllied Health Accountants Are Crucial For Your Practice’s Success
Discover how specialised allied health accountants can transform your practice. From navigating complex regulations to optimising finances, learn why expert financial management is crucial for your success. Focus on patient care while we handle the numbers.
... read moreIs your family home really tax free?
“Is my home tax free?” It’s a common question for Australian homeowners. This article delves into the complexities of the main residence exemption, explaining when your family home might be subject to capital gains tax and how to navigate the rules.
... read moreHow to Reduce Capital Gains Tax: 5 Strategies for Australians
Learn how to use capital losses, choose the right gains to offset, and time your asset sales strategically. This guide covers everything from basic CGT concepts to advanced tax-saving techniques for investors and small business owners.
... read moreSharing Economy Platform Income – ATO’s New Reporting Rules
New ATO rules for sharing economy platforms affect your tax return. Learn how this reporting regime impacts income declaration from Airbnb, Uber, and more.
... read moreWhat’s ahead for 2024-25? Tax, Wages, and Business Trends
What’s ahead for 2024-25? This article delves into tax changes, wage adjustments, and business trends, helping you navigate the year ahead effectively.
... read more$20k instant asset write-off passes Parliament
Explore the $20k instant asset write-off for 2024 and learn how small businesses can leverage this tax benefit for eligible asset purchases, enhancing cash flow.
... read moreWork Clothing Deductions for 2023-24
Find out how to handle work clothes deductions for the 2023-2024 tax year. We’ll show you what you can and can’t claim so you can get the most out of your tax refund with our easy-to-follow guide.
... read moreThe essential 30 June guide
The essential 30 June guide highlights key opportunities to maximise deductions and outlines risks to avoid ATO scrutiny. Learn how to bring forward deductible expenses, bolster superannuation, make charitable donations, and ensure compliance with tax regulations.
... read moreATO fires warning shot on trust distributions
The ATO has issued a warning about trust distributions, urging trustees to review and comply with their trust deeds. Learn the key areas of concern and how to avoid penalties by ensuring your trust distributions are valid and properly managed.
... read moreWhat’s changing on 1 July 2024? Major updates & benefits
Explore the significant changes coming on 1 July 2024, including personal tax cuts, superannuation increases, and energy relief credits for households and businesses. Stay informed on how these updates will impact you.
... read more