News

Category: Federal Budget

Optima Partners News – October 2022
Check out our latest newsletter and overview. OPTIMA PARTNERS – OP Budget 2022 2023 Overview...
2020 The Government Economic Stimulus Package UPDATED!
UPDATES:  The Government Economic Stimulus Package  Monday 30th March 2020: Scott Morrison today (30/03/2020) announced...
WHY YOUR COST OF MANAGING TAX AFFAIRS DEDUCTION MATTERS
  On Sunday 26 June, just six days before the federal election, the ALP’s Shadow...
Budget Changes to Superannuation
If you are feeling a little battered and bruised from the announced changes in the...
NEGATIVE LOGIC ON NEGATIVE GEARING & WORK RELATED DEDUCTIONS
NEGATIVE LOGIC ON NEGATIVE GEARING & WORK RELATED EXPENSES Negative gearing:  In accounting the matching principle...
NEW PRIME MINISTER: NEW TAXES ?
NEW PRIME MINISTER: NEW TAXES ? Welcome Mr. Turnbull to the leadership position in Australia...
NEGATIVE GEARING ESCAPES BUDGET AXE
Negative gearing escapes budget axe Negative gearing – the ability to reduce your taxable income by...
WHAT WASN’T IN THE 2015 BUDGET
What wasn’t in the 2015 budget Last week Treasurer Joe Hockey released the Federal Budget for...
Tax reform is on the agenda
There has been a lot of long overdue talk recently about the Australian Tax System....

Latest News

Succession planning in ATO spotlight
Wealthy privately-owned groups have seen an increase in unexpected tax consequences as the ATO firms...
Tax misinformation: CPA warns against AI and influencers
Taxpayers are increasingly turning to unreliable sources for tax advice as the 2024-25 financial year...
Key Dates – June 2025
June 5: Lodge 2024 tax returns for all entities that did not need to lodge...
ATO debt reaches $105b ahead of EOFY 2024-25
The ATO is currently owed over $105 billion in unpaid debt, Commissioner of Taxation Rob...
Cash flow crunch: SIC, GIC and super guarantee increase
Small and medium businesses could be facing a cash flow crunch in the wake of...
Planning for EOFY 2024-25
With the end of the 2024-25 financial year in sight, the time has come again...
2025 Federal Election: Key tax changes under Labor’s second term
The Australian Labor Party has declared victory in the 2025 Federal Election, establishing a second...
Sustainability reporting: ASIC urges SMEs to brace for impact
The Australian Securities and Investments Commission (ASIC) has reminded small and medium entities to be...
Key Dates: May 2025
15 May: Lodge 2024 tax returns for all entities that did not need to lodge...
Understanding business structures: tax, liability and asset protection
Your chosen business structure has massive implications for your tax liability, asset protection and cost....