Our Blog
Property
The ATO has increased its focus on property asset owners, including those with expensive lifestyle assets. Investment property income, deductions, and ownership of high-value items like boats and aircraft are now under scrutiny.
Tax
The distinction between gift or income is crucial in tax law. This article explores a case where the ATO deemed $1.6m in deposits as taxable income, not gifts or loans.
Strategic Financial Advice
Expect the AUD to rise as favorable interest rates, undervaluation, and rising commodity prices set the stage for potential currency growth in the coming year.
Strategic Financial Advice
In the mortgage versus super debate, the right strategy depends on your financial goals. Explore how to weigh the benefits of paying off your mortgage or boosting your super.
Strategic Financial Advice
Salary sacrificing into super can be a smart way to enhance retirement savings and reduce taxable income. This article explores the benefits and considerations to determine if it’s worth it for you.
Strategic Financial Advice
Asset allocation is crucial for balancing risk and reward in your portfolio. This article explores various strategies to optimise your investments.
Strategic Financial Advice
This August economic overview explores Australian and global market trends, inflation dynamics, and interest rate predictions, providing key insights for investors.
Strategic Financial Advice
Biases and investing can lead to costly mistakes. This article explores common cognitive biases that impact investment decisions and how to mitigate them.
Strategic Financial Advice
AI and investing are revolutionising financial strategies. From algorithmic trading to robo-advisors, explore how AI impacts the future of investing.
Strategic Financial Advice
Dive into the world of active and passive investing with this comprehensive guide. The guide explores the fundamentals of each strategy, comparing their costs, market performance, and how they can work together in your investment portfolio.
Small Business
Business bankruptcy rates are climbing in 2024, with industries like construction and food services hit hardest. Understand the warning signs and how to manage your business's financial health.
Small Business
Divorce and business often intersect in complex ways. This article delves into the financial implications of divorce for business owners, exploring how family companies, superannuation, and assets are handled during marital dissolution.
Allied Health
Discover how specialised allied health accountants can transform your practice. From navigating complex regulations to optimising finances, learn why expert financial management is crucial for your success. Focus on patient care while we handle the numbers.
Property
"Is my home tax free?" It's a common question for Australian homeowners. This article delves into the complexities of the main residence exemption, explaining when your family home might be subject to capital gains tax and how to navigate the rules.
Small BusinessTax
Learn how to use capital losses, choose the right gains to offset, and time your asset sales strategically. This guide covers everything from basic CGT concepts to advanced tax-saving techniques for investors and small business owners.
Tax
New ATO rules for sharing economy platforms affect your tax return. Learn how this reporting regime impacts income declaration from Airbnb, Uber, and more.
Small BusinessTax
What’s ahead for 2024-25? This article delves into tax changes, wage adjustments, and business trends, helping you navigate the year ahead effectively.
Small Business
Explore the $20k instant asset write-off for 2024 and learn how small businesses can leverage this tax benefit for eligible asset purchases, enhancing cash flow.
Tax
Find out how to handle work clothes deductions for the 2023-2024 tax year. We'll show you what you can and can't claim so you can get the most out of your tax refund with our easy-to-follow guide.
Tax
The essential 30 June guide highlights key opportunities to maximise deductions and outlines risks to avoid ATO scrutiny. Learn how to bring forward deductible expenses, bolster superannuation, make charitable donations, and ensure compliance with tax regulations.
Tax
The ATO has issued a warning about trust distributions, urging trustees to review and comply with their trust deeds. Learn the key areas of concern and how to avoid penalties by ensuring your trust distributions are valid and properly managed.
Financial Updates
Explore the significant changes coming on 1 July 2024, including personal tax cuts, superannuation increases, and energy relief credits for households and businesses. Stay informed on how these updates will impact you.
SMSF
Discover the risks and regulations around accessing money in your SMSF. Understand how to avoid illegal schemes and ensure your superannuation stays secure and compliant with ATO guidelines.
Strategic Financial Advice
Concerned about outliving your savings? Discover essential tips to ensure your retirement income lasts as long as you do. Learn how to plan effectively with superannuation, Age Pension, and lifetime annuities.