News

THE $20 BILLION DOLLAR PROBLEM
Were you aware that Small Business owes 60% of the $20 billion currently owed to...
TRAPS TO AVOID WHEN INVESTING THROUGH YOUR SMSF
SMSF traps TRAPS TO AVOID WHEN INVESTING THROUGH YOUR SMSF It is no surprise that...
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...

Latest News

Small business tax deductions in Australia: what you can and can’t claim
The small business sector is the backbone of the Australian economy, representing over 95% of...
Important changes for FY 2025-26
Recent tax changes will affect how businesses manage cash flow, debt and compliance obligations. In...
Key Dates – July 2025
July 1: Beginning of 2025-26 financial year. July 21: Lodgement and payment of June 2025...
ATO third-party data collection: implications for taxpayers
As the Australian Taxation Office (ATO) expands its use of data-matching technology, businesses and individuals...
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...