Our Blog
Financial Updates
What will the Australian community look like in 40 years? We look at the key takeaways from the Intergenerational Report.
Tax
Timing can be taxing: A recent case illustrates how the timing of employment income can significantly impact tax liability.
Small Business
Boost your business with tax incentives! If your business delves into R&D activities, you might qualify for the R&D tax incentive. Discover how to claim, calculate, and register for ongoing benefits.
Small Business
Unlock Tax Deductions with Expert Tips! Meet Rubi, the savvy IT consultant who knows the 3 golden rules for claiming expenses while traveling for business. Learn how she uses the myDeductions tool and smart record-keeping to maximise her deductions.
Tax
Maximise your fuel tax credits effortlessly! The ATO's fuel tax credit calculator ensures accurate rates for your BAS, avoiding costly mistakes. Stay updated as rates change, and let us simplify the process for you.
Small Business
Sole trader tax made stress-free! Meet Benzi, the smart tiler who turns tax time smooth. Learn how he plans ahead, uses expert tips, and simplifies record-keeping. Be in control like Benzi - read more.
Small Business
A new business is an exciting and challenging journey. Getting set up correctly from the start will help you on the path to success.
Tax
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners.
Small Business
With the due date of 28 August approaching, it’s time to check whether you need to lodge a Taxable payments annual report (TPAR).
Strategic Financial Advice
Australian inflation is very high. The Reserve Bank of Australia (RBA) has been focusing on reducing inflation through the main policy tool available in the central bank’s toolkit – interest rates.
Uncategorized
Investing is full of jargon and technical terms that can make getting started or managing your investments seem intimidating. Learn more about the key terms involved.
Strategic Financial Advice
You may be eligible to make concessional contributions that are greater than the annual cap if you haven’t fully used your concessional cap in an earlier year. This could help you to save even more for retirement, while also managing tax.
Strategic Financial Advice
Earning interest on interest: learn how the power of compounding can send your savings rocketing.
Strategic Financial Advice
July was a relatively uneventful month in financial markets and volatility remained low. Risk assets continued to perform well despite a sharp increase in the oil price. In fact July was the best month for oil since January 2022.
Strategic Financial Advice
If you receive the Age Pension, recent changes to means testing for retirees could put more money in your pocket.
Property
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications.
Small Business
Starting July 1, electronic platforms like Stayz, Airbnb, Uber, and Didi must collect and report seller transactions to the ATO under the Sharing Economy Reporting Regime (SERR).
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
Australia's tax refunds have reduced due to policy changes, impacting millions. This article explores the nation's high reliance on personal income tax and the effects on individuals, especially those with multiple jobs.
Tax
Discover how eligible individual primary producers can now treat income from eligible ACCUs and carbon abatement activities as primary production income. Learn how this can help reduce taxable income in years of good cash flow, access income tax averaging, and how holders of eligible ACCUs are taxed.
Small Business
With the new financial year here, it’s time to check if your business needs to lodge a Taxable payments annual report (TPAR) for payments made to contractors
Small BusinessTax
Learn about the impact of Personal Services Income (PSI) on your tax return and deductions. Find out how to determine if your business qualifies as a Personal Services Business (PSB), claim deductions, and report your PSI based on your business structure.
Small Business
Remember, super guarantee (SG) contributions for your eligible employees are due by 28 July. Follow Ricky’s story in this article to learn more about your obligations as an employer.
Tax
The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021 generating $226.5 million in income and employing over 1,300 fulltime workers. And, it’s an industry the Government wants to support with a new tax offset.
