Latest News
November 2020
This issue will mainly relate to our clients who operate in New South Wales as the budget was released this previous week, however it also features the Australian wide Job Maker which has now been legislated but not rolled out.
September 2020
This issue will mainly relate to the Ceasing JobKeeper 1.0,
Starting JokKeeper 2.0 and Victorian Government Support. The first instance of JobKeeper will cease on the 27th of September 2020. It is vital that you action the following on 28th of September if you are registered in the JobKeeper program, regardless of your intention to register for JobKeeper 2.0.
August 2020
This is a quick newsletter to update you on the changes in regards to the extension of the Job Keeper Subsidy which has been in the news recently. It is important to note that none of these changes have been legislated yet and are subject to further change.
July 2020
The new financial year is upon us, while there is much uncertainty due to COVID-19 there are not many countries as well placed as Australia at this point in time.
June 2020
After much deliberation and change the ATO on Sunday night (3rd of May) rolled out their Job Keeper portal so eligible businesses can now start to claim for their eligible employees.
April 2020
Firstly we would like to thank you all for your patience during this time, we have had unprecedented levels of correspondence from clients in this ever changing landscape and we have been sticking to our principles of returning questions, emails & calls as soon as possible.
November 2024
In this edition
- How taxable is that side hustle?
- The black hole of CGT and trusts
- What we know so far about payday super
- What tax receipts do I need to keep?
- Super on parental leave pay is now law
September 2024
In this edition
- Who is a spouse under the tax laws, and why does it matter?
- Riding the share market waves
- Take care if you sell your home after leaving Australia
- Separation and divorce: CGT consequences…and relief
- Setting up an SMSF: Who can join the fund?
- “Debt recycling”…flavour of the month
October 2024
In this edition
- Making super contributions later in life
- What is the right business structure ?
- Selling a property with mixed rental and residential use
- Comparing SMSFs with other super funds
- The dangers of failing to declare income or lodge returns.With the ATO’s sophisticated technology to track such matters and ability to catch people out, we highlight why it’s important not to omit assessable income or fail to lodge a return.
July 2024
In this edition
- Division 293 tax – What is it and will you be caught ?
- The fine line between property development and “merely realising an asset”
- The CGT main residence exemption concessions are very useful
- The secret life of Tax File Numbers
- Can I add to my super pension ?
August 2024
In this edition …
- The importance of ” Tax Residency”.
- Changes to preservation age. Minimum age at which you can access super is now 60 years old. What do these changes mean ?
- Capital gains tax and foreign residents – complex rules apply.
- Selling a small business operated through a company . Sell the shares or sell the assets?
- Superannuation – spouse contribution splitting. What are the benefits?
- Small business energy incentive
May 2024
In this edition
- Selling your home – beware of a partial capital gains tax liability
- Timing of super contributions when maximising contribution caps
- Rental Properties – traps and pitfalls
- Succession planning for family businesses
- How MyGov can help you track your super
June 2024
In this edition
- Making your super last in retirement
- Personal Services Income explained
- What’s not considered “income” by the ATO
- Don’t lose your super to scammers
- On-boarding new employees
March 2024
In this edition
- Stage 3 Tax Cuts – is this a tax saving opportunity ?
- CGT Small Business Rollover
- Super Contribution caps increase on July 1st 2024
- Briefing a barrister for complex or high risk tax and super questions
April 2024
In this edition
- Super Strategies to consider before 30 June 2024
- Tax residency Issues to consider
- Family companies and the many tax traps
- Selling your hometo a developer ? Beware the tax consequences
- Mortgage vs Super- where should I put extra cash?
December 2023
In this edition
- Super to-do-list – consolidating, extra contributions, insurance and more to help boost the amount of super you’ll have in retirement.
- Lost or destroyed tax records ? leads on how to recover records lost in natural disaster, moving house or technology failures
- Tax Debt – don’t ignore the debts as the ATO won’t
- Taken goods for private use ? Here’s the latest values.
- Taxation of super death benefits
February 2024
In this edition
- Collectables and inherited jewellery
- Using Super to pay the mortgage
- Returning to work after retirement
- Compensation from your bank or financial institution- is it taxable ?
- Tax issues when dealing with volunteers
October 2023
In this edition
- Personal Deductible Super Contributions and tax deductions
- Upcoming changes to unfair contract terms in standard form contracts
- Property developers – things to be aware of
- Small business- skills and training boost
- CGT small business roll-over concession
November 2023
In this edition
- Nominating a superannuation beneficiary- who can you nominate and how do I make the nomination ?
- Who is a resident for tax purposes ?
- The Small Business Energy Incentive
- Qualifying as an interdependent or financial dependent .
August 2023
In this edition
- Trusts – are they still worth it ?
- Tax Time – unexpected debts . Many Australians will owe the ATO this year after completing their tax return.
- Gifting to Employees
- SMSF’s and higher interest rates
- Research and Development Reminder
- Super withdrawal options
September 2023
In this edition
- Registering a trademark
- Self Education – when is it deductible?
- Avoiding Schmes targeting SMSFs
- Discounting your capital gain
- Costs of a caravan/motor home for work-related travel
June 2023
In this edition
- ATO Tax Time Tax Focus Areas
- Super Pensions and the Commonwealth Seniors Health Card
- Generous Depreciation is in its final days
- Do you have a side hustle ?
- Types of super funds you can contribute to
- Maximising Cashflow
July 2023
This month learn about …
- Changes to Superannuation
- Fair Work Changes
- Small business lodgement amnesty
- Work-related car expenses updated
- Is it time to restructure your business ?
April 2023
In this edition
- Trust Distributions
- FBT exemption for Electric vehicles
- Reducing the risk of crypto scams
- Lost Super
- Fending off GST audits
May 2023
- Temporary Full Expensing before 1 July 2023 – what are the advantages for businesses
- Employers – early tax deduction for SG contributions
- Federal Budget what to look out for
- Financing Motor Vehicles
- New TBAR reporting for SMSF’s
February 2023
In this edition
- Director ID – what to do if you missed the December 2022 deadline.
- ATO new year resolutions
- Reduction in downsizer eligibility age for super contributions
- The importance of cash flow forecasts
- Can I use my SMSF property in retirement ?
- Do you operate your business via family trust ?- ATO clarification of issues
March 2023
- New working from home record keeping requirements
- FBT and car logbooks
- Legislating the purpose of superannuation
- Crystalising capital losses
- Compassionate release of super applications
- PAYG instalment variations
October 2022
In this edition
- Director ID – every company director needs one.
- Superannuation – Closing the gender gap
- Optus Data Breach
- Claiming business losses
- SMSF member obligations
November 2022
- Federal Budget – Key taxation measures announced
- Federal Budget – Superannuation and Retirement
- Director ID – looming November deadline
- Do business owners have to pay themselves super ?
- Protecting your au domain name
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
October 2023
In this edition
- Personal Deductible Super Contributions and tax deductions
- Upcoming changes to unfair contract terms in standard form contracts
- Property developers – things to be aware of
- Small business- skills and training boost
- CGT small business roll-over concession
November 2023
In this edition
- Nominating a superannuation beneficiary- who can you nominate and how do I make the nomination ?
- Who is a resident for tax purposes ?
- The Small Business Energy Incentive
- Qualifying as an interdependent or financial dependent .
August 2023
In this edition
- Trusts – are they still worth it ?
- Tax Time – unexpected debts . Many Australians will owe the ATO this year after completing their tax return.
- Gifting to Employees
- SMSF’s and higher interest rates
- Research and Development Reminder
- Super withdrawal options
September 2023
In this edition
- Registering a trademark
- Self Education – when is it deductible?
- Avoiding Schmes targeting SMSFs
- Discounting your capital gain
- Costs of a caravan/motor home for work-related travel
June 2023
In this edition
- ATO Tax Time Tax Focus Areas
- Super Pensions and the Commonwealth Seniors Health Card
- Generous Depreciation is in its final days
- Do you have a side hustle ?
- Types of super funds you can contribute to
- Maximising Cashflow
July 2023
This month learn about …
- Changes to Superannuation
- Fair Work Changes
- Small business lodgement amnesty
- Work-related car expenses updated
- Is it time to restructure your business ?
April 2023
In this edition
- Trust Distributions
- FBT exemption for Electric vehicles
- Reducing the risk of crypto scams
- Lost Super
- Fending off GST audits
May 2023
- Temporary Full Expensing before 1 July 2023 – what are the advantages for businesses
- Employers – early tax deduction for SG contributions
- Federal Budget what to look out for
- Financing Motor Vehicles
- New TBAR reporting for SMSF’s
February 2023
In this edition
- Director ID – what to do if you missed the December 2022 deadline.
- ATO new year resolutions
- Reduction in downsizer eligibility age for super contributions
- The importance of cash flow forecasts
- Can I use my SMSF property in retirement ?
- Do you operate your business via family trust ?- ATO clarification of issues
March 2023
- New working from home record keeping requirements
- FBT and car logbooks
- Legislating the purpose of superannuation
- Crystalising capital losses
- Compassionate release of super applications
- PAYG instalment variations
October 2022
In this edition
- Director ID – every company director needs one.
- Superannuation – Closing the gender gap
- Optus Data Breach
- Claiming business losses
- SMSF member obligations
November 2022
- Federal Budget – Key taxation measures announced
- Federal Budget – Superannuation and Retirement
- Director ID – looming November deadline
- Do business owners have to pay themselves super ?
- Protecting your au domain name
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
August 2023
In this edition
- Trusts – are they still worth it ?
- Tax Time – unexpected debts . Many Australians will owe the ATO this year after completing their tax return.
- Gifting to Employees
- SMSF’s and higher interest rates
- Research and Development Reminder
- Super withdrawal options
September 2023
In this edition
- Registering a trademark
- Self Education – when is it deductible?
- Avoiding Schmes targeting SMSFs
- Discounting your capital gain
- Costs of a caravan/motor home for work-related travel
June 2023
In this edition
- ATO Tax Time Tax Focus Areas
- Super Pensions and the Commonwealth Seniors Health Card
- Generous Depreciation is in its final days
- Do you have a side hustle ?
- Types of super funds you can contribute to
- Maximising Cashflow
July 2023
This month learn about …
- Changes to Superannuation
- Fair Work Changes
- Small business lodgement amnesty
- Work-related car expenses updated
- Is it time to restructure your business ?
April 2023
In this edition
- Trust Distributions
- FBT exemption for Electric vehicles
- Reducing the risk of crypto scams
- Lost Super
- Fending off GST audits
May 2023
- Temporary Full Expensing before 1 July 2023 – what are the advantages for businesses
- Employers – early tax deduction for SG contributions
- Federal Budget what to look out for
- Financing Motor Vehicles
- New TBAR reporting for SMSF’s
February 2023
In this edition
- Director ID – what to do if you missed the December 2022 deadline.
- ATO new year resolutions
- Reduction in downsizer eligibility age for super contributions
- The importance of cash flow forecasts
- Can I use my SMSF property in retirement ?
- Do you operate your business via family trust ?- ATO clarification of issues
March 2023
- New working from home record keeping requirements
- FBT and car logbooks
- Legislating the purpose of superannuation
- Crystalising capital losses
- Compassionate release of super applications
- PAYG instalment variations
October 2022
In this edition
- Director ID – every company director needs one.
- Superannuation – Closing the gender gap
- Optus Data Breach
- Claiming business losses
- SMSF member obligations
November 2022
- Federal Budget – Key taxation measures announced
- Federal Budget – Superannuation and Retirement
- Director ID – looming November deadline
- Do business owners have to pay themselves super ?
- Protecting your au domain name
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
June 2023
In this edition
- ATO Tax Time Tax Focus Areas
- Super Pensions and the Commonwealth Seniors Health Card
- Generous Depreciation is in its final days
- Do you have a side hustle ?
- Types of super funds you can contribute to
- Maximising Cashflow
July 2023
This month learn about …
- Changes to Superannuation
- Fair Work Changes
- Small business lodgement amnesty
- Work-related car expenses updated
- Is it time to restructure your business ?
April 2023
In this edition
- Trust Distributions
- FBT exemption for Electric vehicles
- Reducing the risk of crypto scams
- Lost Super
- Fending off GST audits
May 2023
- Temporary Full Expensing before 1 July 2023 – what are the advantages for businesses
- Employers – early tax deduction for SG contributions
- Federal Budget what to look out for
- Financing Motor Vehicles
- New TBAR reporting for SMSF’s
February 2023
In this edition
- Director ID – what to do if you missed the December 2022 deadline.
- ATO new year resolutions
- Reduction in downsizer eligibility age for super contributions
- The importance of cash flow forecasts
- Can I use my SMSF property in retirement ?
- Do you operate your business via family trust ?- ATO clarification of issues
March 2023
- New working from home record keeping requirements
- FBT and car logbooks
- Legislating the purpose of superannuation
- Crystalising capital losses
- Compassionate release of super applications
- PAYG instalment variations
October 2022
In this edition
- Director ID – every company director needs one.
- Superannuation – Closing the gender gap
- Optus Data Breach
- Claiming business losses
- SMSF member obligations
November 2022
- Federal Budget – Key taxation measures announced
- Federal Budget – Superannuation and Retirement
- Director ID – looming November deadline
- Do business owners have to pay themselves super ?
- Protecting your au domain name
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
June 2023
In this edition
- ATO Tax Time Tax Focus Areas
- Super Pensions and the Commonwealth Seniors Health Card
- Generous Depreciation is in its final days
- Do you have a side hustle ?
- Types of super funds you can contribute to
- Maximising Cashflow
July 2023
This month learn about …
- Changes to Superannuation
- Fair Work Changes
- Small business lodgement amnesty
- Work-related car expenses updated
- Is it time to restructure your business ?
April 2023
In this edition
- Trust Distributions
- FBT exemption for Electric vehicles
- Reducing the risk of crypto scams
- Lost Super
- Fending off GST audits
May 2023
- Temporary Full Expensing before 1 July 2023 – what are the advantages for businesses
- Employers – early tax deduction for SG contributions
- Federal Budget what to look out for
- Financing Motor Vehicles
- New TBAR reporting for SMSF’s
February 2023
In this edition
- Director ID – what to do if you missed the December 2022 deadline.
- ATO new year resolutions
- Reduction in downsizer eligibility age for super contributions
- The importance of cash flow forecasts
- Can I use my SMSF property in retirement ?
- Do you operate your business via family trust ?- ATO clarification of issues
March 2023
- New working from home record keeping requirements
- FBT and car logbooks
- Legislating the purpose of superannuation
- Crystalising capital losses
- Compassionate release of super applications
- PAYG instalment variations
October 2022
In this edition
- Director ID – every company director needs one.
- Superannuation – Closing the gender gap
- Optus Data Breach
- Claiming business losses
- SMSF member obligations
November 2022
- Federal Budget – Key taxation measures announced
- Federal Budget – Superannuation and Retirement
- Director ID – looming November deadline
- Do business owners have to pay themselves super ?
- Protecting your au domain name
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
April 2023
In this edition
- Trust Distributions
- FBT exemption for Electric vehicles
- Reducing the risk of crypto scams
- Lost Super
- Fending off GST audits
May 2023
- Temporary Full Expensing before 1 July 2023 – what are the advantages for businesses
- Employers – early tax deduction for SG contributions
- Federal Budget what to look out for
- Financing Motor Vehicles
- New TBAR reporting for SMSF’s
February 2023
In this edition
- Director ID – what to do if you missed the December 2022 deadline.
- ATO new year resolutions
- Reduction in downsizer eligibility age for super contributions
- The importance of cash flow forecasts
- Can I use my SMSF property in retirement ?
- Do you operate your business via family trust ?- ATO clarification of issues
March 2023
- New working from home record keeping requirements
- FBT and car logbooks
- Legislating the purpose of superannuation
- Crystalising capital losses
- Compassionate release of super applications
- PAYG instalment variations
October 2022
In this edition
- Director ID – every company director needs one.
- Superannuation – Closing the gender gap
- Optus Data Breach
- Claiming business losses
- SMSF member obligations
November 2022
- Federal Budget – Key taxation measures announced
- Federal Budget – Superannuation and Retirement
- Director ID – looming November deadline
- Do business owners have to pay themselves super ?
- Protecting your au domain name
August 2022
In this edition
- ATO focus on rental property income and deductions
- End of COVID-19 relief for SMSF trustees
- Wash sale arrangements under scrutiny
- GST Health Check
- Switching Home Loans
September 2022
- The tax consequences of land subdivision
- Hiring Employees
- Superannuation Funds- worst performance since GFC
- E-invoicing – making trnascations faster, simpler and more secure
- Estate Planing Explained
- Insurance – Inside or outside super ?
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
June 2022
In this edition
- 30 June Tax Planning
- 6 Super Strategies to consider before 30 June
- 4 Priorities for the ATO this Tax Time
July 2022
- ATO focus on debt collection
- Tax time toolkit for small business
- STP year end finalisation due
- Accessing your super early
February 2022
Happy 2022! In this edition
- Single Touch Payroll- Phase 2
- Consolidating Superannuation
- Temporary Full Expensing of Assets
- Topping up Concessional Super Contributions
- Business Structures – what is best for you and your business
May 2022
- Why Super can hep save for your retirement
- Further development on Trust Distributions
- Financing motor vehicles
- Personal Properties Securities Register
November 2021
Happy November ! In this edition..
- Becoming the executor of a deceased estate
- New Super Laws to improve the way super is divided in divorce
- Capital Gains Tax (CGT) on sales of property inherited by a foreign resident
- CGT retirement exemptions
- Extension of Covid -19 relief measures for SMSF
December 2021
New Director ID is here ….
All directors need to apply for a Director ID… read about this new system here. If you are a company director you must apply for a Director ID read about how to do this and when you have to do it by.
September 2021
Welcome to Spring ! Articles in this edition cover
- Work-related travel and living away from home costs
- SMSF and property development – emerging risks
- Claiming GST Credits for employee reimbursements
- Buying a new home before selling the old one
- Trust distributions to non-residents
- Reducing multiple super accounts for employees – stapling super
October 2021
This month the articles are :
- CGT implications for home as a place of business during COVID
- Inheriting rental properties jointly
- SuperStream deadline – what it means for SMSF trustees
July 2021
Welcome to a New Financial Year!
- ATO Tips for your business tax return- common mistakes to avoid
- Deductions for clothing and laundry
- Steps to take to wind up an SMSF
- Why you might not get a refund but instead have a liability.
August 2021
- Your Future, Your Super – what it means for you
- Capital Works Deductions for rental properties
- Family Trusts and Discretionary Trusts
- Where do reward programs stand in regard to tax?
May 2021
This month to help you …
- Tax Tips to help your tax planning before the end of the financial year
- Dealing with Excess before-tax Super Contributions
- You may be eligible for the SME loan recovery scheme
June 2021
This month learn more about …
- Cryptocurrency- if you’ve invested in cryptocurrency or are thinking of investing you need to be aware of the unique tax treatment of this type of investment.
- Personal Services Income – new guidance from the ATO
- Eligibility requirements for SMSF trustees
March 2021
There are lots of different topics in this month’s newsletter –
- Keeping ABN details up to date
- Cashflow Coaching Kit
- Vehicle FBT changes under COVID-19
- Lump Sum payments in arrears tax offset
April 2021
In this month’s newsletter –
- New Insolvency Reforms to support small business
- Real Estate and Capital Gains Tax
- Managing your Superannuation transfer balance account
- Loan interest and partnerships
February 2021
In this issue what you need to know about JobMaker. Read about help with your tax if you have been affected by a natural disaster.
December 2020
A run down of the new loss carry back measure, small business CGT concessions and claiming interest expenses for rental properties.
November 2020
This issue will mainly relate to our clients who operate in New South Wales as the budget was released this previous week, however it also features the Australian wide Job Maker which has now been legislated but not rolled out.
September 2020
This issue will mainly relate to the Ceasing JobKeeper 1.0,
Starting JokKeeper 2.0 and Victorian Government Support. The first instance of JobKeeper will cease on the 27th of September 2020. It is vital that you action the following on 28th of September if you are registered in the JobKeeper program, regardless of your intention to register for JobKeeper 2.0.
August 2020
This is a quick newsletter to update you on the changes in regards to the extension of the Job Keeper Subsidy which has been in the news recently. It is important to note that none of these changes have been legislated yet and are subject to further change.
July 2020
The new financial year is upon us, while there is much uncertainty due to COVID-19 there are not many countries as well placed as Australia at this point in time.
June 2020
After much deliberation and change the ATO on Sunday night (3rd of May) rolled out their Job Keeper portal so eligible businesses can now start to claim for their eligible employees.
April 2020
Firstly we would like to thank you all for your patience during this time, we have had unprecedented levels of correspondence from clients in this ever changing landscape and we have been sticking to our principles of returning questions, emails & calls as soon as possible.