When estate planning, most people focus on what will happen to their family and their assets after they pass, often neglecting to consider what would happen if they were to... read more →
While the hustle and bustle of operating and managing a business can occupy your mind, it’s important not to forget your superannuation obligations to your employees. Those who fail to... read more →
In some circumstances, superannuation contributions can be claimed on your tax return if they are made to a super fund or retirement savings account. However, these circumstances are limited and... read more →
One of the most important decisions you have to make before you start a business is what structure your business will be operating under. This will be reflected in all... read more →
There’s been a lot of buzz around superannuation since the 2023-24 Federal Budget was announced. One such buzz involves the concept of ‘payday super’. Payday super has been introduced by... read more →
We have pleasure in enclosing a summary of the highlights from the Federal Government's May 2023/24 Budget. Amending measures of the former Government The Government will amend measures announced by... read more →
At our accounting firm in Newcastle, Australia, we take pride in providing exceptional financial services to individuals and businesses in the area. Our team of expert accountants offers a wide... 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 →
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 →
Regardless of whether or not the owner is a company or an employee, a car purchased for business use can provide tax benefits to the owner. However, there are also... read more →