As the end of the financial year (EOFY) approaches, it’s time to get your business records in order and ensure everything is ready for tax time. EOFY can feel overwhelming,... read more →
You might want to top up your spouse’s superannuation for plenty of reasons. Maybe you’ve accumulated more super than they have and want to even things out for retirement. Or... read more →
If you're running a small business in Australia, you’ve probably heard the term “instant asset write-off” tossed around—especially come tax time, and more recently in the news. But what is... read more →
I recently read the following opinion piece in the Financial Review by Jonathan Shapiro a senior reporter: “This week it’s been a tale of two markets. Global equity markets have... read more →
SIGNIFICANT IMPACT FOR BUSINESS - Legislation Passed: General Interest Charge (GIC) and Shortfall Interest Charge (SIC) to Become Non-Deductible from 1 July 2025 On Wednesday, 26 March 2025, Parliament passed... read more →
Natural disasters can cause significant damage to rental properties and business premises, leading to costly repairs and financial uncertainty. If you own a rental property or business premises that has... read more →
A summary of the highlights from the Federal Government's 2025/26 Budget. Personal Income Tax – increasing the Medicare levy low‑income thresholds The Government will increase the Medicare levy low‑income thresholds... read more →
Asset allocation is all about finding the right balance for your investments. By dividing your portfolio among different asset types - shares, bonds, and cash - you can create a... read more →
Division 293 tax is an additional tax on concessional superannuation contributions for high-income earners in Australia. It is applied at a rate of 15% on certain super contributions when an... read more →
As 31 March approaches, businesses need to prepare for their Fringe Benefits Tax (FBT) obligations to ensure compliance with the Australian Taxation Office (ATO). The FBT year runs from 1... read more →
While many employees look forward to a year-end bonus, some employers take a different approach by offering shares to attract, retain, and motivate their teams during the year-end and year-start... read more →
Superannuation is one of the most significant investments many Australians will make. The stakes are even higher for those managing their retirement savings through a self-managed super fund (SMSF). While... read more →
As the Fringe Benefits Tax (FBT) year ends on 31 March, businesses should ensure their car mileage logbooks are up to date. Maintaining an accurate logbook is crucial for employers... read more →
February is here — school holidays are wrapping up, and most people are back at work. But while routines are settling in, smart businesses know this is the perfect moment... read more →
The halfway point of the financial year is an excellent time to take stock of your superannuation. With six months of income and contributions already in place, you have enough... read more →
As the new calendar year begins, businesses often focus on fresh goals and opportunities for growth. However, one critical area that can directly impact success is employee retention. Keeping talented... read more →
Insurance within superannuation is a valuable option that many Australians use to help protect their financial security. While there are clear benefits, it’s important to consider both the pros and... read more →
Sometimes, staying with the same accountant doesn’t serve your financial goals as well as it could. Making a change might seem daunting, but the right accountant can bring fresh insights,... read more →
The Luxury Car Tax (LCT) is an Australian tax applied to vehicles exceeding specific value thresholds. As of the 2024–25 financial year, LCT is levied at 33% on the GST-inclusive... read more →
As the new year begins and the holiday season comes to a close, many business owners are transitioning back to work with fresh energy and renewed focus. The first few... read more →