In the wake of the Optus data leak, legislation before Parliament will lift the maximum fine for serious or repeated breaches of the Privacy Act from $2.2m to up to $50m. But there are no guarantees that even the strongest safety measures will prevent an attack. So, what does that mean for business and their […]
Can you prevent a hack? Read More »
The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022. LAll directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation (ATSI) will need a director ID. This includes directors of a corporate trustee of a self-managed super fund (SMSF).
30 November Director ID Deadline Read More »
Information for registered agents about preparing and lodging tax statements and returns due in November 2022. 21 NovemberLodge and pay October 2022 monthly business activity statement. 25 November Lodge and pay quarter 1, 2022–23 activity statement if you lodge electronically. 28 November Lodge and pay quarter 1, 2022–23 Superannuation guarantee charge statement if the employer
November 2022 Due Dates Read More »
The long-awaited draft determination on the taxation of income generated from the “fame and image” of individuals, and is a family home owned by a wife partially held in trust for her husband. How the ‘presumption of advancement’ played out in a recent case. While the Budget was underwhelming from a policy perspective, shuffling funding
2022 November Essential Tax Summary Read More »
There is nothing in this Budget that would create a UK style crisis. The stage 3 tax cuts legislated to commence on 1 July 2024 are not mentioned, and most funding initiatives appear to be a reallocation of previous Government initiatives. And, the commodity driven $54.4 billion improvement in tax receipts has largely been banked,
Shuffling The Decks: 2022-23 Budget 2.0 Read More »
Hetty Green, 1835-1916 Source: Library of Congress Prints and Photographs Division Hetty Green was known as the Witch of Wall Street. She earned this moniker partly because of the single, dour, black dress that she wore every day, and partly because of her reputation for being a sour, miserly woman who appeared to care more
The Story of Hetty Green Read More »
Queensland backs down on Australia wide land tax assessment The Queensland Government has backed away from an amendment that would have seen the land tax rate for investment property in Queensland assessed on the value of the investor’s Australia wide land holdings from 1 July 2023, not just the value of their Queensland property. The
States move on property based taxes Read More »
In September, amid a climate of startling interest rates, UK Chancellor Kwasi Kwarteng announced a series of tax cuts, including the reduction of the top personal income tax rate that applies to those earning more than £150,000 from 45% to 40%. Just ten days later, following market turmoil that saw the British Pound drop at
To cut or not to cut? Stage three personal tax cuts Read More »
Information for registered agents about preparing and lodging tax statements and returns due in October 2022. 21 October Pay annual PAYG instalment notice (Form N). Lodge only if you vary the instalment amount or use the rate method to calculate the instalment. Lodge and pay quarter 1, 2022–23 PAYG instalment activity statement for head companies
October 2022 Due Dates Read More »
Of note in September was the guidance from the ATO on CGT and non-residents – an area that is confusing primarily because of the differing approaches. Further work has been released on the section 100A integrity rules with a proposal to remove the “blue zone” and bolster the examples in the “green zone”. And, the
2022 October Essential Tax Summary 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!
