The ‘Super’ Wars
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.
The ATO’s final position on risky trust distributions
The ATO has released its final position on rules dealing with trust distributions – changing the goal posts for trusts distributing to adult children, corporate beneficiaries, and entities with losses. More here…
Is ‘downsizing’ worth it?
From 1 January 2023, the age limit for downsizer contributions reduced to 55 from 60, giving more people the opportunity to use this strategy to increase their superannuation if needed.
Acquiring collectibles inside SMSF
To be compliant, your SMSF assets must be acquired for the sole purpose of providing retirement benefits to members, or to their dependents if a member dies before retirement.
It’s Not Easy Being Green
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the current state of play and the likely impact.
Recession Response: Overcome your customers fear of spending
One of the biggest complaints from salespeople in a tight economy or a recession is the time it takes to achieve a sale. So, here’s what you can do to speed up the sales process?
Top 10 FAQ by Companies Filing Tax Returns for the First Time
Starting your business and running a company can be daunting, especially when you have limited accounting experience. However, armed with some basic knowledge and by employing the services of a user-friendly accountant, running your business and paying taxes can be a breeze. An accountant is a powerful ally, and can help you navigate the financial minefield, including the dreaded Australian Tax office (ATO)!
JobKeeper Wage Subsidy Update
With the end of the financial year just around the corner we highlight below the main points worth considering this tax time. It is worth noting that we would always recommend sitting with your tax adviser who would be best positioned to advise on a tax strategy for your individual business.
30 June 2020 Tax Tips – For Businesses
With the end of the financial year just around the corner we highlight below the main points worth considering this tax time. It is worth noting that we would always recommend sitting with your tax adviser who would be best positioned to advise on a tax strategy for your individual business.
