Catherine Frost Archive
Financial Updates
Discover essential strategies to benefit from the increased superannuation contribution caps starting 1 July 2024. Boost your retirement savings now!
Tax
Discover the five essential rules for effective business record keeping. Ensure profitability, compliance, and ATO readiness with our comprehensive guide.
Small BusinessTax
Stay updated with the GST status of major food and beverage product lines with the ATO's detailed food list. Learn about the recent updates, how to check if GST applies to your items, and how to use the food and beverage search tool.
Tax
A consultation paper released by Treasury has sparked a national debate about the role, purpose and access to superannuation ahead of the 2023-24 Federal Budget.
Small Business
It is important to determine whether a new worker is classified as an employee or a contractor, as it affects tax, superannuation, and other obligations such as workers compensation insurance, as well as the worker's entitlements.
Small Business
Any business can make a loss. You generally make a tax loss when the total deductions you can claim for an income year exceed the total of your income for the year. Your income includes both assessable and net exempt income.
Small Business
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market.
Small BusinessTax
It may seem like the importance of record-keeping is overly stressed by us, but it’s a critical part of the wrap-up of the year-end.
Tax
It's 2022 fringe benefits tax (FBT) time! In this article we outline some of the things you need to be aware of to help you lodge.
Small BusinessUncategorized
Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes.
Financial Updates
The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible for individuals and exempt from fringe benefits tax (FBT) for employers if purchased for work purposes.
Tax
If you're using your personal car for work purposes, you may eligible to claim the expenses associated to this. Find out about the rules and claiming methods available.
