News

Category: Tax time / planning

Work Related Travel Expenses
Work Related Travel Expenses – What are your substantiation requirements? You may find yourself in the...
2017 New Years Resolutions
2017 New Years Resolutions Keeping up to date with your tax and accounting obligations It’s...
Why Tax Time Isn’t
Why Tax Time Isn’t It’s been nearly two weeks since I saw my last “It’s...
SUBDIVIDING PROPERTY – AVOID UNNECESSARY TAX
SUBDIVIDING PROPERTY AVOID UNNECESSARY TAX I was with a friend a while back and we...
SUPERSTREAM – WHAT IS IT AND HOW WILL IT AFFECT YOUR BUSINESS?
Are you an employer with less than 20 employees? Have you registered for SuperStream? As...
LOOK BEFORE YOU LEAP – GET ADVICE FIRST
Accountants are always advising their clients to contact them prior to making any decisions. Once...
RECORD KEEPING
It is very important to maintain your records. Everyone knows that and before you switch...
THE WORLD OF MONEY ……. and THE CASTLE ??
THE WORLD OF MONEY I felt old the other day. I was talking with a...
NEW PRIME MINISTER: NEW TAXES ?
NEW PRIME MINISTER: NEW TAXES ? Welcome Mr. Turnbull to the leadership position in Australia...
NO MORE ZONE TAX OFFSET FOR FIFO WORKERS
The 2015 financial year will be the last year in which “Fly-In-Fly-Out” or “Drive-In-Drive-Out” employees...
TAXABLE PAYMENTS REPORTING IN THE BUILDING AND CONSTRUCTION INDUSTRY
Taxable payments reporting in the construction and building industry –  Businesses in the building and...
THREE COMMON MISTAKES MADE BY INDIVIDUALS
COMMON TAX MISTAKES  Do you have outstanding tax returns that need lodging? Do you have...

Latest News

Official Statement – New ATO correspondence system
Optima Partners has recently introduced a new system to manage ATO correspondence for our registered...
How to set up a self-managed super fund (SMSF)
A self-managed super fund (SMSF) can provide flexibility, investment choice and potential tax benefits for...
Peak bodies declare support for removal of red tape
Federal Treasurer Jim Chalmers announced on September 24, 2025 that the government is looking at...
Succession planning: a comprehensive guide
Succession planning is a key component of a successful business strategy. It is a crucial...
Key Dates – October 2025
21 October: Lodge and pay September monthly activity statement. 28 October: Lodge and pay Q1,...
Debt enforcement, payday super headline ATO’s 2025-26 plan
The Australian Taxation Office (ATO) has released its 2025-26 corporate plan, outlining key priorities, challenges...
Official Statement – Phishing attempts
We are aware that some clients have recently been receiving fraudulent emails and phishing attempts...
Effective strategies for debtor management
Debtor management is a key component of long-term business success. Poor debtor management can quickly...
Choosing the Best Client Accounting Software for Your Business
Good client accounting software is essential for business growth and improvement. The right software will...
Key Dates – September 2025
September 21: Lodge and pay August monthly activity statement. September 30: Lodge PAYG withholding payment summary...