News

TAXPAYERS OBLIGATIONS AND RIGHTS
The saying goes that there is nothing as certain as death and taxes, but that...
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...

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...