Succession Planing for Family Businesses
Discover key aspects of successful business succession planning for a seamless generational transition. Details here for family businesses.
30 June 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.
EOFY Tax Planning for Individuals
* Updated for EOFY 2023 * The end of the financial year (EOFY) is an important time, not just for small businesses, but also the individuals. Putting the hard work in each financial year can help you get your personal and professional life organised so that you...
Get Ready for EOFY: Tax Planning
As we now roll into the final quarter of the 2022/2023 Financial Year in Australia, it’s the perfect time to think about wrapping up and looking ahead for the new financial year. Here are a few handy tax planning reminders for small businesses out there....
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?