Individuals always go through the most amount of changes when it comes to tax Law and associated rules. Many of these are subtle (such as minor changes to rates and thresholds), and some that are

We all want to pay as little tax as possible, but it doesn’t happen by accident As we get close to the end of the financial year, it’s usually the perfect time to take stock

NOT YET LEGISLATED It is important to note that any announcements made by the Government are not guaranteed to become Law. These announcements need to pass Parliament first, and it’s possible that the Government may

NOT YET LEGISLATED It is important to note that any announcements made by the Government are not guaranteed to become Law. These announcements must pass Parliament first, and the Government may need to alter their

Action Points If you employ staff, you need to ensure that you are complying with “version 2” of Single Touch Payroll. This will involve updating the settings in your payroll software. Warning With the ATO

Action Points If you engage contractors, DO NOT IGNORE THIS POST. The ATO are keen to ensure all contractors that should be getting paid superannuation, are getting superannuation, and you may be up for claims

Summary Self Managed Superannuation Funds (SMSF’s) are highly regulated with a key rule being that your SMSF cannot borrow money except for limited, specific circumstances. Thankfully, one of those is borrowing to buy an asset

Have you ever been asked by a bank or mortgage broker for a copy of your ATO statement of account, ATO portal reports, or ATO tax accounts? We show you how to get these. WHAT

Summary We have compiled a short, easy to read summary of the important things in the 2022 Federal Budget. A tax cut, petrol price relief, payments to pensioners and aged care workers, payments for apprentices,