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 →
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! It’s 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, it’s 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 it’s not without its risks—especially 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. Platforms... read more →
The concept of business income has expanded far beyond traditional brick-and-mortar shops. Whether you run a digital store, offer services through an app, or even sell through personal ads, the... read more →
Over the past five years, more than 150,000 Australians have dipped into their retirement savings early to cover medical expenses, raising concerns about the financial impact this may have later... read more →
When it comes to work-related expenses, the Australian Taxation Office (ATO) allows employees to claim immediate deductions for depreciating assets that cost $300 or less. While this rule is straightforward,... read more →
A Director Penalty Notice (DPN) is a formal notice issued by the Australian Taxation Office (ATO) to company directors, holding them personally liable for certain unpaid tax debts of their... read more →
As an employer, when you provide vehicles like sedans, station wagons, or passenger vans for your employees’ private use, you might be offering a car fringe benefit. This applies to... read more →