News

3 TIPS FOR SUPERANNUATION BEFORE THE END OF THE FINANCIAL YEAR
SUPERANNUATION TIPS It seems like it was just yesterday when we where wishing everyone a...
TURNING INCOME TAX INTO SUPERANNUATION SAVINGS
Well-informed employees can turn, what would have been an income tax liability, into extra super...
DEALING WITH THE ATO
The ATO was in the news again recently because of a serious flaw in their...
CLARITY AROUND THE FS71 CHANGES FOR AFSL HOLDERS
If you have an Australian Financial Service Licence (AFSL), you might be aware that some...
SuperStream
SuperStream deadline is approaching Get started now so you are ready by 30 June If...
EMBRACE CHANGE
EMBRACE CHANGE The other day my brother showed me a quote from Lou Holtz which...
WORKING OUT YOUR TAX RESIDENCY
One of the very first questions you are asked on your tax return is:...
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...
BENEFICIARY NOMINATIONS – DO YOU HAVE YOURS RIGHT?
BENEFICIARY NOMINATIONS To quote an oldie but a goodie. Ms Lane, a 5th grade math...
KEEP THE $20,000 SMALL BUSINESS WRITE-OFF
KEEP THE $20,000 SMALL BUSINESS WRITE-OFF Our professional associations have lodged their pre-Budget submissions for...
FUNDING INCENTIVES FOR START-UP BUSINESSES
FUNDING INCENTIVES FOR START-UP BUSINESSES Optima Partners are fortunate enough to assist and work with...
CROWDFUNDING LAWS TO UNLOCK ACCESS TO FUNDS
CROWDFUNDING LAWS TO UNLOCK ACCESS TO FUNDS Assistant Treasurer and Small Business Minster Kelly O’Dowyer...

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....