Your tax file number (TFN) is a critical piece of information in your possession and should be a constant companion throughout your life. However, there are times when a TFN... read more →
Starting from July 2022, the Australian Government has implemented a new law called the Electric Car Discount Bill. It provides a Fringe Benefit Tax exemption for eligible electric vehicles, which... read more →
Starting a partnership may be a high-yielding decision whether you are in the business game or setting your sights on a new business venture. A partnership business structure is an... read more →
With a new norm surrounding how Australians work (hybrid, remote or office-based), there has been a change in how work-related expenses will be claimed this year during tax season.Where once... read more →
Creating a business is not an easy avenue to explore. It requires commitment, frequent planning, substantial financing and good business sense. However, not only do you have to think about... read more →
Based on a JP Morgan Chase Business Leaders Outlook survey in January 2023, it appears that business leaders in Australia are exhibiting a cautious but positive outlook regarding the economy.... read more →
Mortgage holders have just had the ninth consecutive interest rate rise as the Reserve Bank of Australia has announced an 0.25 per cent increase this afternoon to a cash rate... read more →
Coming out of the holiday period is usually a slow time for businesses but there’s never been a better time to get on top of things.A new year brings business... read more →
While Kim Kardashian attracts attention everywhere she goes, she recently caught the eye of the US Securities and Exchange Commission and was fined over $2 million for making one of... read more →
This article illustrates the importance of budgeting, saving and structuring loans to work in your favour, rather than purchasing on credit. The examples reiterate the importance of professional advice in... read more →
As we begin a new year and ponder how fast the last 12 months have come and gone, many of us find ourselves thinking about the coming year and our... read more →
The coming new year of 2023 may bring you a fresh start regarding your business adventures. You may even be looking to start your next adventure on your terms. Why... read more →
When it comes to investing, there is always a certain amount of risk involved. The key to a great investment strategy is to discern how much risk you are willing... read more →
The liability of an employer does not start and end at the office door. Employers should understand that their liability extends to outside events affiliated with their staff’s employment (such... read more →
At the end of the year, you may be looking for extrinsic ways to thank your hardworking employees or faithful customers/clients.A work Christmas/end-of-year party may be a method employed by... read more →
You must make a binding death benefit nomination to maintain control and certainty over who will inherit your superannuation assets after you pass away. Contrary to what you may think,... read more →
Superannuation may not be the first thing that springs to mind as a self-employed individual, but just like how looking after your tax and business expenses benefits you, superannuation is... read more →
Small businesses entitled to refunds of GST may not be aware of the four-year time limit on claiming those refunds. Your entitlement to a GST credit ends four years from... read more →
We have pleasure in enclosing a summary of the highlights from the Federal Government's October 2022/23 Budget. Australia’s Foreign Investment Framework – increase to fees and penalties The Government has... read more →
Providing your business with insurance is like providing a safety net to a trapeze artist. You hope you won’t need it, but having it in place adds security and protection... read more →