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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...
Australian Charities and Not-For-Profits Commission Bill 2012 – The Facts
Executive Summary: At the date of this report, royal assent passed; Australian Charities and Not-for-profits...
Trustees Seek Yield Safety
Many SMSF trustees particularly those nearing or in retirement, are choosing bank accounts as their...
Some Resource Tax Reality
Given the polarizing debate about resource rent taxes over the past 21/2 years a recent...

Latest News

SMSF property investment: A comprehensive guide
For many investors, a popular way to invest directly in residential or commercial property is...
Super tax still on the table after first parliament session
The first sitting fortnight of the 48th Federal Parliament shed little light on the fate...
Capital gains tax in Australia: what you need to know before you sell assets
Capital gains tax (CGT) in Australia applies when you sell certain assets. Understanding the consequence...
Key Dates – August 2025
August 11: Q4 (April–June) activity statements lodged electronically – final date for lodgement and payment....
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...