Tax Insights & Updates: What You Need to Know This Month The extension of the instant asset write-off threshold to $20,000 for small business for 2024-25 has finally passed Parliament. The Bill also denies deductions for GIC and SIC amounts, and extends the ATO notification period for retaining refunds. The ATO’s appeal to the High […]
April 2025 Essential Tax Summary Read More »
Superannuation Guarantee (SG) obligations are broader than many employers realise. They don’t just apply to traditional employees — they can also cover directors, contractors, performers, gym instructors, and sportspeople. Why it Matters If you’re a business owner or employer and you’re unsure whether SG applies to someone working for you, it’s vital to clarify. You
Super Guarantee Rules Catch Up with Venues and Gyms Read More »
From 1 July 2025, the transfer balance cap — the maximum amount you can move into a tax-free retirement (pension) account — will rise from $1.9 million to $2 million. This change is thanks to the Consumer Price Index (CPI), which is reviewed each December. When inflation reaches a certain point, the transfer balance cap
Threshold for Tax-Free Retirement Super Increases Read More »
Key Tax Due Dates for April As we progress through April, it’s essential for businesses and individuals to stay on top of their tax obligations. Here are the critical due dates for this month: 21 March 2025 Lodge and pay the Q3 2024–25 PAYG instalment activity statement for head companies in consolidated groups. Lodge and pay
April 2025 Tax Due Dates Read More »
Administration Officer
With her kind, caring and approachable nature, Reshika never fails to provide a positive, welcoming experience for our clients, assisting them as they walk in our door or call our office. She understands the power of customer service and is always willing to lend a hand.
With her fun and relaxed personality, Reshika is incredibly creative, especially when it comes to finding solutions for evolving challenges, from financial matters to marketing requirements and beyond. Holding a Masters of Business Administration with a major in Marketing and significant experience in the banking industry, Reshika has a unique combination of skills which makes her a real asset to Fortis.
Reshika is motivated to reach new heights, take risks and develop her career by working alongside Bernadette, our Client Administration Manager, and having the opportunity to learn new things such as new platforms and procedures.
Reshika is passionate about fitness and does not miss an opportunity to take advantage of the gym. Despite Reshika’s relaxed personality it all goes out the door when card or board games are involved!
