Accounting and Tax

It seems like June 30 rolls around quicker every year, so why wait until the last minute to get your finances in order? With all the disruption and special support measures of the past two years, it’s possible your finances have changed. So it’s a good idea to ensure...

New super and tax rules passed in Parliament Some of the last sitting days before this year’s Federal election saw changes to the tax and super rules finally pass through both houses of Parliament. Here’s a roundup of some of the key developments. Loss carry back...

Just when you thought you had all your systems bedded down for Single Touch Payroll (STP), from the start of 2022 the government is expanding the information on employee payments you need to provide. So, what will the changes mean for your small business? STP...

Using your home as the base for your business is increasingly popular, particularly due to COVID-19, with many of Australia’s 2.1 million enterprises with four or less employees now based at home. As a result, the ATO is busy revisiting the rules on the tax deductions...

As COVID-19 turbulence starts to settle, the ATO is moving away from its supportive position and returning to its more usual compliance focus. That means taxpayers need to be aware their financial affairs will come under renewed attention in the year ahead. Data...

It was hard to miss the media splash about international tax evasion when the Pandora Papers were released, with local interest focusing on what Australian tax authorities would do with this massive trove of information. But it seems the ATO is relaxed. Deputy...

For many people, there’s much more to choosing investments than focusing exclusively on financial returns. Returns are important, but a growing number of people also want their investments align with their values. Everyone’s values are different but given the choice...

Although smaller businesses are now enjoying a lower corporate tax rate, their quarterly super bills have gone up, following the latest indexed rise in the Super Guarantee rate. Here’s a roundup of some of the other key developments when it comes to the world of tax....

Australian shares are popular investments with self-funded retirees and anyone who depends on income from their investments, due in part to the favourable tax treatment of franked dividends. After falling off in the early days of the COVID pandemic, share prices and...

With business conditions picking up in Australia, many business owners are thinking about the equipment they will need to evolve in the years ahead. Whether it’s a new delivery van or a high-end digital printer, up-to-date equipment and tools are essential for...

The Government is continuing to support COVID-affected businesses by extending most of its pandemic inspired tax offsets and benefits. But at the same time the ATO has micro businesses like contractors who fail to declare all their income in its sights. Here’s a...

If it wasn’t already clear, the past 12 months certainly cemented the fact that life has a habit of throwing us the occasional curveball. The reality is we all face challenges, however approaching life with a positive mindset can help us deal with any issues we may...