July 2023 Newsletter

Super Guarantee increases to 11% The increase to superannuation guarantee (SG) rate from 1 July 2023 will see more employees (and certain contractors) entitled to additional SG contributions on their pay. But what happens when income earned before 30 June 2023 is paid...

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March 2023 Newsletter

March 2023 Newsletter

New work from home record keeping requirements: Are you one of the 5 million Australians who claim work from home deductions? If so, stricter record keeping rules may now apply. Click here to read more

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2023-24 Budget Wrap

2023-24 Budget Wrap

The 2023-24 federal budget was handed down on 9th May. It contains changes to businesses and personal taxation, superannuation, social security entitlements as well as cost of living relief. Following are some of the headline measures, many of which are subject to...

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May 2023 Newsletter

May 2023 Newsletter

This could be the final opportunity for your business to take advantage of Temporary Full Expensing (FTE)... but get in before 1st July. Click here to read more

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April 2023 Newsletter

Trust distribution landscape is now more settled. If you carry on your business affairs through a trust structure, there is now more clarity around the law on distributions following much uncertainty throughout the year. Read more

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2023 February Newsletter

2023 February Newsletter

Have you missed the deadline to apply for a director identification number (director ID?) If so, you can still apply! The ATO says it will take a reasonable approach with directors who arre trying todo the right thing....

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December 2022- Newsletter

Christmas is traditionally a time of giving, including employers showing gratitude to their workers for a job well done throughout the year. However, depending on the nature and value of the gift, and also who it is gifted to, such magnanimity can attract unwanted tax...

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November 2022- Newsletter

The 2022-23 federal Budget was handed down on 25 October. The confirmation of lucrative income tax cuts, and the scrapping of a tax offset for low- and middle-income earners were the big-ticket items. Click here to read more

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October 2022- Newsletter

Director identification numbers... time is running out. All existing directors of a company, registered Australian body, registered foreign company, or a director of corporate trustees of an SMSF are required to apply for a director identification number (director ID)...

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