Tax
4 great reasons to hire a bookkeeper
9 January
Ā Did you ever hire a bookkeeper to help you keep track of your expenses and tax obligations? If not, find out why now may be the best time to do so. Ā Bookkeeping is an essential component of any organisation. To focus on other tasks, such as...[Read More]
Tax planning strategies for small businesses
2 January
Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. Ā With a small business tax planning strategy, you can increase profits...[Read More]
Position your business for a strong start in 2025
26 December
As the new year approaches, now is the perfect time to strategise and set the groundwork for a thriving business in 2025. Launching a business thatās poised for sustainable growth begins with a clear vision, a well-defined operational strategy,...[Read More]
Super concessions take biggest bite from the budget
19 December
Major cost-of-living measures arenāt on the cards in the federal budget update because of a $25 billion hit to the books, as data reveals new drags on the bottom line. The mid-year economic and fiscal outlook will show more than $16 billion in...[Read More]
GP payroll tax, first homebuyer stamp duty scrapped
18 December
A tax purported to make GP visits cost more and a barrier to entering the housing market have been removed by a state government fulfilling more of its election promises. The Liberal National government scrapped a āpatientās taxā during the...[Read More]
Tax on large withdrawals floated to future-proof super
12 December
Retirees might be more inclined to use super for its intended purpose ā income for retirement ā under a proposal to tax oversized withdrawals. Four actuaries have waded into the ever-contentious tax debate with a discussion paper thrashing out...[Read More]
Red tape cut for business but taxes stuck fast
12 December
Businesses can look forward to less red tape as a state government prepares to axe half its regulators, but they shouldnāt hold their breath for tax changes. The plan, which could save businesses $500 million over five years, was launched as part...[Read More]
Your accountant can be used as a mentor for a new business
5 December
Starting a business can be a tricky time, with so many systems to put in place and so little room for error. One of the best ways to get ahead of the curve is to develop a working relationship with a professional mentor, someone who has been through...[Read More]
āSurpriseā budget windfalls drying up, economists warn
28 November
Australia is waving goodbye to budget surpluses and returning abruptly to deficit, facing a $49 billion deterioration in the bottom line as per forecasts from leading economists. The $15.8 billion surplus logged in the last financial year to...[Read More]
āAll about jobsā: minister spruiks net zero tax breaks
28 November
Failing to secure production tax credits for critical minerals and renewable hydrogen will be a blow to industry and jobs, the federal resources minister has posited in a bid to drum up political support for the key Labor policy. Madeleine King...[Read More]
HECS debts lump students with future mortgage misery
21 November
As political parties squabble over wiping university student debt, new figures show paying off a HECS loan may impact graduatesā borrowing power for a mortgage by almost $100,000. Research from Compare the Market revealed a university student...[Read More]
Use this step-by-step checklist to manage tax for a deceased estate.
14 November
1. Look after yourself This is the most important thing. If you are feeling overwhelmed, donāt hesitate to talk with your friends or family, or phone a confidential counselling service: Lifeline Australia onĀ 13Ā 11Ā 14Ā (24Ā hours) Beyond...[Read More]