How a super recontribution strategy could improve your tax position By Michael Duffy Senior Financial Adviser With over 20 years of experience running his own financial planning business, Michael’s career has been built on helping people make confident financial...
Tax Alert September 2023 Lodgement amnesty and new landlord data matching program. While the government is boosting the tax deductions available for small business spending on staff training, other taxpayers such as landlords are facing closer scrutiny from the...
Trusts and new super tax rules Ensuring you’ve structured your finances tax-effectively is always a concern, but with new tax rules for super on the horizon, many people with large balances are considering alternative vehicles to save for retirement. Unsurprisingly,...
Tax Alert June 2023 Although this year’s Federal Budget was short on big changes when it came to tax, there have still been some important developments in this area. Here are some of the latest developments in the world of tax. Small business tax incentives and...
Illegal early SMSF access on the radar Since the Albanese Government announced its intention to double the tax on investment earnings for super account balances over $3 million, there has been lots of talk about taking money out of self-managed superannuation funds...
Tax Alert March 2023 Family trust rules and new guidance on contractors The Australian Taxation Office (ATO) has confirmed its position on family trust distributions, while also providing employers with new information to simplify completion of Single Touch Payroll...
