News
Earned an income from the sharing economy?
Sharing Economy Income: What You Need to Know It’s essential that any income earned from sharing economy platforms such as Airbnb, Stayz, Uber, etc., is
What’s ahead for 2024-25?
Will 2024-25 be another year of volatility or a return to stability? Personal Tax & Superannuation From 1 July 2024, personal income tax cuts are
Is your family home really tax free?
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s
$20k instant asset write-off passes Parliament
New Instant Asset Write-Off Threshold: Boosting Small Business Cashflow Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year
Company Money Crackdown – ATO Targeting Division 7A
ATO’s warning on common Division 7A mistakes The ATO is warning that a series of common mistakes are being made in relation to Division 7A,
The Essential 30 June Guide
Inside this month, the essential 30 June guide, the ATO’s warning shot on trust distributions, and what’s changing on 1 July 2024. The end of
June 2024 Essential Tax Summary
What did I miss? This month, the ATO has issued a warning on trust distributions, we explore the issues. Plus, this month, the House of
June 2024 Tax Due Dates
5 June Lodge tax return for all entities with a lodgment due date of 15 May 2024 if the tax return is not required earlier
The Price is Right: Budget 2024-25
The Treasurer is promising that inflation will decline by 0.75% as a direct result of the 2024-25 Federal Budget initiatives including energy relief for all
May 2024 Essential Tax Summary
What did I miss? This month, self-education deductions denied by the AAT for a dental technician studying to be a registered dentist and the
Do your kids really want to take over your business?
It’s important that generational succession is managed as closely and diligently as if you were selling your business to a stranger to avoid misunderstandings and
Should you be the ‘bank of Mum & Dad’?
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price of a home in
Subscribe to our Newsletter
Stay up to date with our latest news, receive exclusive resources, and more.
Liability limited by a scheme approved under Professional Standards Legislation.