$150k instant asset write-off extended for 6 months
The Government announced that the $150,000 instant asset deduction has been extended for the next 6 months. Understanding which financial year to make the purchase is key.
How To Overcome A Financial Setback
When considering the financial position they’ve achieved in retirement, many Australian retirees share the same opinion: “I wish I’d saved more.”
Super Guarantee And Salary Sacrificing: The Changes That May Benefit You
From 1 January 2020, the law generally requires an employer to contribute 9.5% of an employee’s ordinary time earnings (OTE) base.
Making Sense Of Medicare And Your Tax Obligations
To help pay for the public health system which we call Medicare, you’re required to pay a 2 percent Medicare levy as part of your income tax.
Is One Million Dollars Enough To Retire On?
Well, it depends. If you’re happy to spend less, then it may be enough.
February Market and Economic Overview
The Australian dollar depreciated quite sharply in January, recording its worst monthly performance for more than two years.
Warning About Distributions To Non-Resident Beneficiaries
The ATO’s recently released interpretation will have a significant negative impact for some.
The Coronavirus and its impact on markets
This situation is evolving. At this stage, share markets have been hit, especially in Asia on concerns around the impact of the virus.
How to know if your worker is an employee or a contractor.
Determining whether your worker is an employee or a contractor can often be a challenging task.
How can you achieve a hassle-free settlement day?
In this article, we want to guide you through the pre-settlement and post-settlement stages so you know what to expect.
ATO Bushfire Support And Assistance
Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer.
Why are small businesses ditching the big banks?
The sales environment in the big financial institutions is concerning and corrupt.
What deductions can be claimed if you run your business from home?
You might be able to claim a range of expenses related to the portion of your home set aside for your business.