Jul 03

Tax tips for investment property

One of the greatest benefits of owning an investment property (besides the additional income) is your entitlement to tax benefits. Here are some tips to maximise your tax return this 2017/18 financial year: Expenses you can and cannot claim While your property is rented or available to rent, you can... read more →
Jun 19

Earning Money From The Sharing Economy

The sharing economy has become a big part of daily life. It’s become easy to hop on an app for a ride-share, find a place to stay or hire someone with skills you don’t have to help you. Whether for some extra cash, or as your main job, you might... read more →
Jun 01

Preparing for Single Touch Payroll

The Tax Office is urging employers with 20 or more employees to prepare for the introduction of Single Touch Payroll. From 1 July 2018, Single Touch Payroll will be introduced requiring employers to report their employee’s tax and super information to the ATO through Single Touch Payroll approved software. Employers... read more →
May 29

Get ready for June 30 – NOW!

When it comes to getting the most (money) from your annual tax return, there is usually a lot to think about, so we’ve identified a few options that could open the door to some opportunities to save on tax. The key here is to plan ahead. Deductions — lower your... read more →
May 23

Boost Your Super Before 30 June

The end of the financial year is rapidly approaching and, along with it, the opportunity to claim a tax deduction on additional superannuation contributions. Why contribute more to super? Superannuation does impose restrictions on access to your money. It is, after all, intended to provide for your retirement. So why... read more →
May 09
Australian Interest Rates

Specific SMSF Changes in the Budget

An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. With SMSF members still working through the wide-reaching and complex superannuation changes which took effect from 1 July 2017, this Federal Budget will provide much needed stability while while providing additional flexibility. The key changes... read more →
May 08

Federal Budget 2018

FEDERAL BUDGET NEWS HIGHLIGHTS We have pleasure in enclosing a summary of the significant announcements from the Federal Government’s 2018/19 Budget. We thought it was quite an interesting budget. Most likely the last one before the next election. There are some very interesting quirks (my favourite being the tax exemption... read more →
Apr 18
Apr 09
Mar 20

Fringe Benefits Tax Time

It's Fringe Benefits Tax Time The end of the FBT year is fast approaching, and it is a good time to reflect on your FBT plans for 2018-19. Fringe benefits are benefits that you provide to your staff that fall outside the categories of traditional wages and salaries. Examples of... read more →