A new calendar year often brings legislative changes that understandably don’t receive much attention. One of these is the change in eligibility around downsizer contributions.

As we stride into the fresh New Year ahead, many of us like to set ourselves some form of ‘New Year’s Resolutions’. We set ourselves constructive goals which reflect some aspect of our lives that we are inspired to tweak for the better.

Over the last 6-months, I have observed a growing concern from our business clients about staffing shortages and how they will get work completed for their customers.

Are we heading for a soft landing?

The government has introduced a new bill to remove Fringe Benefits Tax on eligible electric vehicles (EV). If this becomes law, it will apply retrospectively from 1 July 2022.

How interest rates will change our lives in the next 18 months

How will interest rates change our lives in the next 18 months

Land tax has always been a state-based tax calculated on the land held by investors in each relevant state.

As we enter a new tax season, I thought I would give you an update of changes in tax law and some areas to look out for when preparing your tax return.

Blog for ATO Correspondence 2 Factor Authentication change

Leading up to the 1st of July 2022, we were told to ‘get ready’ for the new superannuation changes that would come into effect.

After completing many business tax meetings across Australia, we have found our clients facing new kinds of challenges which has only existed in these recent years.

It is that time of the year again!

These two events are significant, and we appear to be entering into a time of increased economic uncertainty. With some analysts predicting both a Labor Government victory and up to eight (8) interest rate rises over the next year, I thought I’d put forward a few scenarios of what we may see in the next 12-months.

With climate change and global warming scarcely leaving the headlines its unsurprising that sustainable business and property practices are at the top of everyone’s mind. We have put together our top tips to help you be more sustainable while looking after your bottom line

I don’t know about you but where has 2022 gone?

At the time of writing, the Federal Government is preparing to release it’s 2022-23 Budget. Being an election year, we can expect that there is going to be a lot of short-term support to give voters a ‘sugar-hit’ either via tax cuts or offsets. This is understandable in a post pandemic world.

I always try to be thankful for whatever situation comes across my path, good or bad, because I believe we are shaped by the challenges we face.

I hope you have been enjoying the ‘Business Start-Up’ theme of our latest newsletters. From analysing small businesses in Australia and writing a business plan, to setting SMART goals for the year ahead, we hope we have provided some insightful tips to launch your business endeavours.

Success in business can take on multiple meanings

With the NSW Government’s recent announcement of a new support package for eligible business, I thought it would be a good time to remind our NSW and VIC business clients of what assistance still available for them.

In light of RedFeb and our ongoing recognition of those affected by heart disease, we’d also like to highlight another big ‘red’ you as a business may need to look out for

As we peek into the fresh new year ahead, many of us like to set ourselves some form of ‘New Year’s Resolutions’.

As this is our last newsletter for 2021 calendar year, I’d like to reflect and look back on the year that was.

With the introduction of the director ID regime on 1 November 2021 comes a series of questions as to ‘why’ this is being implemented and ‘who’ it may apply to.

What are the latest trends of small businesses in Australia? Where are they leading us? What industries appear to be thriving?

In these last 12 months, any business owner would have heard their accountants stress the importance of being up to date with their employee’s superannuation payments.

What happens after Groundhog Day ends?

There may be nothing more altruistic than donating money or gifting property that has value to others and expecting nothing in return.

As an accountant who advises businesses, I have been putting some thought in how you would advise someone who is looking to purchase new business or start a business in today’s climate.