A summary of the highlights from the Federal Government's 2025/26 Budget. Personal Income Tax β increasing the Medicare levy lowβincome thresholds The Government will increase the Medicare levy lowβincome 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 β 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, itβs important to consider both the pros and... read more →
Sometimes, staying with the same accountant doesnβt 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 →
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 →
Ah, Christmas! Itβs that magical time of year when Santa Claus jets across the world delivering presents, joy, and sugar-induced meltdowns for parents everywhere. But as seasoned accountants and financial... read more →
Many Australians dream of moving overseas for a short-term adventure or a permanent lifestyle change. For some, the move is meticulously planned; for others, itβs a spontaneous leap into the... read more →
The festive season is a time of joy and giving, but it can also bring financial stress. With the added pressure of bills and buying presents, some SMSF (Self-Managed Super... read more →
If your favourite drink at the pub or the bottle shop is a seltzer, ginger beer or craft beer, a new proposed draft excise determination may strain your wallet from... read more →
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. With the right strategies,... read more →
Superannuation is one of the best ways to save for retirement, but itβs not without its risksβespecially if you're between 40 and 60 and starting to think about winding down... read more →
As the holiday season approaches, many homeowners may consider renting out their homes or a part of them to earn extra income, particularly in areas with high tourist traffic.Β Β Platforms... read more →