News

Employers & business Superannuation guarantee increases to 11% from 10.5% National and Award minimum wage increases take effect. The minimum salary that must be paid

The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your

Whew what a month! The long awaited Skills and Technology Boosts passed Parliament just at the point we thought the concept was dead and buried.

Key lodgment and payment dates for business for July. 21 July Lodge and pay June 2023 monthly business activity statement. Lodge and pay quarter 4,

Tax deductions for topping up super You can make up to $27,500 in concessional contributions each year assuming your super balance has not reached its

Bring forward the purchase of assets If there are large assets your business needs to buy (or upgrade), you have until 30 June 2023 to

It’s that time of year when we all look at what last minute things we can do to maximise tax savings. In the wise words

The ATO has stated that it has three key targets this tax time: Rental property deductions; Work-related expenses; and Capital gains tax. For rental properties,

As we approach the end of the financial year, the ATO has reminded trustees and their advisers they need to take care with resolutions relating

The ATO has also released some brief comments on the Budget measure relating to the increase in the instant asset write-off threshold for small businesses

Certain small business clients will be able to take advantage of a lodgment penalty amnesty up until 31 December 2023. The amnesty provides that late

As we approach 30 June there is an intense focus on trust distributions. This is an area of increased complexity and scrutiny. To assist, the