Our Blog

SMSF

Explore the implications of the proposed 15% tax on super balances above $3M, particularly for assets like property and business in SMSFs. Learn how it may affect you.

Tax

Discover the five essential rules for effective business record keeping. Ensure profitability, compliance, and ATO readiness with our comprehensive guide.

Small Business

Understand the record-keeping rules essential for closing your business, from tax obligations to super and Single Touch Payroll. Stay compliant post-closure.

PropertyTax

Discover the essentials of GST registration for property sales exceeding $75,000. Find out how it affects settlement and your BAS reporting.

Financial UpdatesLending & Finance

Explore the implications of the RBA's recent cash rate hold at 4.35% and its influence on mortgages. Understand what it means for your finances in 2024.

Small BusinessTax

Discover how eligible small businesses can benefit from the ATO’s lodgment penalty amnesty until 31 December. Learn the criteria and seize this opportunity for tax compliance.

Small BusinessTax

Explore the implications of fringe benefits tax (FBT) on your staff holiday celebrations. Learn how to determine if your employee perks are FBT liable.

Small Business

Super Guarantee contributions and SGC liabilities. When are the deadlines? Seek expert help from our team for compliance.

Small BusinessTax

Explore the ATO's new approach to managing debts on hold for small businesses, understand offsetting, and discover solutions for effective debt management.

Small BusinessTax

Uncover the ATO's approach to tackling the $3.6 billion superannuation gap. Key insights on STP data matching, SGC, and employer compliance.

Small BusinessTax

Delve into the complexities of GST on food items, illustrated by Chobani's case. Discover key insights into what makes food GST-free or taxable.

Small Business

Explore the critical aspects of the proposed Australian legislation targeting deliberate wage theft, including hefty fines and new definitions for casual employees.

Small Business

Stay updated with the Dec 2023 changes to fixed-term employment contracts. This article explains the new limitations and their implications.

Small Business

Discover how small and medium businesses can maximise a 20% tax deduction on energy-efficient upgrades and electrification. This limited-time opportunity is set to expire by June 30, 2024. Find out what qualifies.

Tax

What can be claimed for self education? We break down the dos and don'ts of claiming education expenses. Make sure your claims align with your work for the best tax benefits.

PropertyTax

Short stay, big tax: What Airbnb hosts need to know. Property investors using Airbnb-style rentals are about to face a new tax in Victoria, Australia. Learn how this tax will affect your short-term rental income and what similar measures might be on the horizon.

Financial UpdatesTax

Proposed Superannuation Tax Changes: Draft legislation increases tax rate on above $3m super balances. Those impacted should assess their personal impact. Stay tuned for updates.

Small BusinessTax

Picking Your PAYG Instalment Method: Explore PAYG instalment methods, from rate-based calculations to fixed amounts, with real-life examples. Optimise your tax management and cash flow.

Small BusinessTax

Let's talk FBTs, Know the Impact on Employee Perks! Discover which benefits could trigger Fringe Benefits Tax (FBT) and how to navigate it effectively. Stay in control of your business's financial well-being!

Small Business

Mastering Salary Sacrifice Reporting. Discover the ins and outs of STP Phase 2's impact on reporting employee year-to-date amounts. Stay compliant and informed with this essential information for employers!

Tax

Cracking the Code: Using Business Funds for Personal Use? Navigate the path of using business funds for personal use. Stay compliant and in control of your finances!

Small BusinessTax

Demystifying GST on Breakfast Products: Are You Charging Correctly? Explore the nuances of GST for food items, including those with seeds or nuts. Stay compliant and avoid surprises. Don't miss it!

Financial Updates

The proposed objective of superannuation released in recently released draft legislation is: ‘to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.

Why you landed here

Phillip Anthony Partners joins Paris Financial East Melbourne

We are pleased to share that the team at Phillip Anthony Partners have merged with Paris Financial. Our team at Paris Financial can provide you with a large range of quality financial services with over 65 people located across two convenient locations in Blackburn and East Melbourne.

Paris Financial shares the same philosophy as Phillip Anthony Partners of providing a value focused and high quality service for each of our clients. We look forward to assisting with your accounting needs.