News

TAKE CONTROL OF YOUR FINANCIAL RESOLUTIONS
The new financial year is a perfect time to make some resolutions to improve your...
FRANKING CREDITS IN THE FIRING LINE
The drums are beating louder against one of the best tax breaks ever invented. And...
Improper use of trusts by property developers
The ATO has stated that there are a growing number of property developers who use...
Seven negotiating tips for first time home buyers
Inexperience as a first time buyer could cost you thousands! The art of negotiating with...
A Good Time to be a Business Buyer
Planning to buy a business?? You couldn’t have asked for better timing
ASIC Guide to Effective Disclosure in an Operating and Financial Review
ASIC has released a helpful regulatory guide that assists listed company director’s in preparing the...
Accountants and Advisors 101
Optima Partners are an experienced and innovative accounting and business advisory firm, with a highly...
Officers of Corporate Charities Get ‘Switched Off’
  We are all now aware that the Australian Charities and Not-for-Profits Commission (ACNC) has...
We Now Know What Fabulously Wealthy Means
  From 1 July 2014, Superannuation Funds in pension phase will be taxed at the...
Beware of In-House Supply Deals in SMSF Projects
People in building and construction businesses should not supply the materials used to renovated properties...
Taxman Bug on Phones
The Australia Tax Office is seeking new powers to monitor private phone calls and emails...
A Good Auditor Could Save Your DIY Super Fund
Many SMSF trustees don’t value or understand the work of SMSF auditors. Many trustees felt...

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....