As we have just finished the last financial year and are now in the 2025 financial year, it is sometimes good to give a snapshot of what we have seen with our clients at WSC Group.

Every year the ATO makes changes to their tax returns and announce the key areas that they will be looking into.

As we approach the end of the financial year, it's essential for you to be aware of the tax matters that could impact your financial decisions. Here are some key tax considerations to keep in mind before 30 June:

Division 293 Tax is an additional tax imposed by the Government on high income earners to the normal taxes they pay.

As the world gears up to celebrate National Bee Day on 20 May 2024, it's the perfect time to shine a spotlight on an industry that is as sweet as the product it produces – beekeeping.  In Australia, this industry is not just about producing honey; it's a buzzing business that plays a crucial role in our agriculture and environment.

I am pleased to present to you an update on the latest Federal Budget, which has been put together to address the interests and concerns of our property investors and small to medium-sized business clients.

Running a business requires making numerous critical decisions, and one of the most significant choices entrepreneurs face is whether to rent or buy the property from which they operate.

Are you one of the savvy investors who has built a new investment property in the last three (3) years? If so, this article is especially relevant to you.

The February 2024 announcement of the AWOTE numbers (Average Weekly Ordinary Time Earnings) from November 2023 has confirmed that the concessional and non-concessional superannuation contributions caps will rise from 1 July 2024.

Addressing the topic of artificial intelligence and its impact on the job market is important. The question of whether AI will take over jobs is a complex one, and there is no simple answer.

With current cost of living pressures, rising interest rates and inflation, there are only so many ways you can save money.

It is that time of the year where businesses are looking to provide staff and clients with a gift to thank them for their effort and business during the year.

As we approach the end of the 2023 calendar year and reflect on the past three years, I am sure that you’d agree that a return to some sort of normality is a welcomed change.

Benjaman Franklin once said “nothing is certain except death and taxes”, but can you avoid the ‘taxes’ part on the family home when a loved one passes away?

As we venture deeper into 2023, investors face a complex and dynamic landscape as we grapple with rising interest rates and geopolitical uncertainties.