News

We keep you informed on the latest accounting, business taxation and audit news for small, medium and family businesses.

News2020-04-30T18:36:30+10:00

Trade wars and tariffs

19th March 2025|News|

Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look

Is there a problem paying your super when you die?

19th March 2025|News|

The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death benefits.

Why the ATO is targeting baby boomer wealth

19th March 2025|News|

“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that

Tax consequences of inheriting property

11th December 2024|News|

Beyond the difficult task of dividing up your assets and determining who should get what, it’s essential to look at the tax consequences of how your

Are student loans too big?

11th December 2024|News|

Australian voters tend to reject US style education favouring more egalitarian systems where income does not determine access. In the US, average student debt is USD

Payday super: the details

11th December 2024|News|

‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1

Property and ‘lifestyle’ assets in the spotlight

25th September 2024|News|

Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what

It wasn’t me: the tax fraud scam

25th September 2024|News|

You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued.

Is your family home really tax free?

25th September 2024|News|

The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never

Do your kids really want to take over your business?

24th June 2024|News|

Generational succession - handing your business across to your kids or family - sounds simple enough but, many families end up in a dispute right at

Should you be the ‘bank of Mum & Dad’?

24th June 2024|News|

The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price of a home in NSW is

The essential 30 June guide

24th June 2024|News|

The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.

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