The Essential Role of Accountants in Tax Minimisation and Financial Reassurance

20 June

Navigating the complexities of tax obligations can be daunting for both individuals and business owners. With ever-changing tax laws, intricate regulations, and the constant risk of errors and penalties, managing taxes effectively requires more than...[Read More]

Small Business ‚Äď Get ready for tax time

20 June

Are you ready for tax time?   This might be your last chance to make any tax-deductible purchases before this financial year ends on 30 June. See if there are any tax-deductible items your business needs, or any concessions you can...[Read More]

Overview about business record-keeping requirements so you meet your tax, superannuation and registration obligations.

13 June

You are legally required to keep records of all transactions relating to your tax, superannuation and registration affairs as you start, run, sell, change or close your business. This includes: any documents related to your business’s income and...[Read More]

Reasons to hire a bookkeeper

6 June

 Did you ever hire a bookkeeper to help you keep track of your expenses and tax obligations? If not, find out why now may be the best time to do so.   Bookkeeping is an essential component of any organisation. To focus on other tasks, such as...[Read More]

Top 10 tips for developing a business exit strategy: Business Succession and Estate Planning

30 May

Given all the hard work that building up a business takes, it can be hard to say goodbye ‚Äď so it‚Äôs important to do it right.¬† ¬† Developing an exit strategy well in advance allows you to have control over your small business‚Äôs future while...[Read More]

Maximising tax savings: Top 10 End of Financial Year tips and the value of professional advice

23 May

The end of the financial year (EOFY) is a critical period for individuals and businesses alike. Proper planning and organisation can lead to significant tax savings and ensure compliance with tax laws.    Here are ten essential EOFY tax tips and...[Read More]

Changes are coming for trust tax returns

23 May

From 1 July, there’ll be changes to the way you report and submit trust tax returns. Income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) will come into effect on 1 July for small business owners who are...[Read More]

States query GST carve-up despite ‚Äėconstructive‚Äô budget

16 May

States are split on the federal budget as the two most populous jurisdictions question their GST shares, while resource-heavy Western Australia counts its riches. NSW will be the biggest loser from the annual GST distribution set out in the budget...[Read More]

Incentives set to fuel green hydrogen growth

15 May

Tax breaks to supercharge the production of renewable hydrogen for use as a fuel and other applications are part of the federal budget’s push for net-zero prosperity. The global renewable hydrogen race is already well underway as advanced...[Read More]

Tax revenue surge as treasurer tempers expectations

9 May

Tax revenue is expected to be $25 billion higher over the next four years, as the Albanese government tempers expectations ahead of this month’s federal budget. The budget, to be handed down by Treasurer Jim Chalmers, will show a surge in tax...[Read More]

Small business tips when using a tax professional

1 May

Are you running a busy small business? It might make it easier for you to have a tax professional help you with your tax obligations. You can also find information yourself, for example through the ATO website and ATO CommunityExternal...[Read More]

Steps to building an emergency fund & why do you need one

25 April

Life is unpredictable, and financial surprises can arise when you least expect them. This is where an emergency fund comes in. This financial safety net is designed to cover unexpected expenses, like car repairs or medical bills, or provide support...[Read More]

Senators want property tax reforms back on the agenda

25 April

Tweaking property investor taxes could save the federal budget billions and boost home ownership, even with exemptions for those operating under the old rules, analysis commissioned by two senators suggests. Independent senators David Pocock and...[Read More]

Build-to-rent piece of housing puzzle but no quick fix

18 April

It’s been a tough couple of years to be a renter. As competition for properties has intensified and rents have surged, policymakers have been searching for solutions. While not an answer to the immediate price crunch, the build-to-rent housing...[Read More]

Higher taxes on foreigners pitched to free up homes

11 April

Foreign buyers could be slugged with higher taxes for buying existing NSW homes as the government looks for ways to address the housing crisis. NSW Treasurer Daniel Mookhey said the state was grappling with a problem of overseas investors leaving...[Read More]