News

AUDITOR RESIGNATIONS – ASIC CUT RED TAPE
ASIC cut red tape on auditor resignations and has recently released a relaxation of the...
GOODS AND SERVICES TAX (GST) MARGIN SCHEME
If you sell property as part of your business, you may be eligible to use...
STAMP DUTY ON LAND TRANSFERS NEEDS TO BE REFORMED, BUT DON’T GET YOUR HOPES UP!
STAMP DUTY ON LAND TRANSFERS NEEDS TO BE REFORMED, BUT DON’T GET YOUR HOPES UP!...
REVIEWING YOUR SMSF TRUST DEED
Essentially the Trust Deed of an SMSF is the life and soul of an SMSF,...
RECORD KEEPING
It is very important to maintain your records. Everyone knows that and before you switch...
IS THERE A CASE FOR INCREASING THE GST?
Nobody likes a tax increase. Just the mention of a tax increase is likely to...
ACCOUNTING PACKAGES
Accounting packages Do you still collect all your receipts in a box and at tax...
Who said “death tax” was dead and buried??
Who said “ DEATH TAX ” was dead and buried?? There’s a misconception among SMSF trustees who...
Directors duties – dealing with financial difficulty
DIRECTORS DUTIES – DEALING WITH FINANCIAL DIFFICULTIES The Australian economy is experiencing tough economic...
Superannuation Reserves Contributions and Other’s
Superannuation Reserves Contributions and Other’s Generally a public offer fund will operate a number of...
Shares still best bet
Still a best bet -What a month it’s been – the Dow Jones had its...
HOW WILL YOUR HECS-HELP LOAN AFFECT YOUR TAX RETURN?
Have you studied at university and applied for a HECS-HELP loan to help pay 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...