Workers owed $3.6bn in super guarantee
Author: Shaun Allen Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and
Self-education: What can you claim?
Author: James Sanguanchati The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you
$20k deduction for ‘electrifying’ your business
Author: Rohan Toon Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show
Mastering Business Succession Planning: Key Insights
Author: Karina Heydon What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about
Exploring Small-Scale Subdivisions: Tax Implications and Common Pitfalls
Author: James Sanguanchati You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and
Why Tax Refunds Are Shrinking: The Explanation
Author: Shaun Allen The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments
Tax Savings for you and your business
Author: James Sanguanchati It’s that time of year when we all look at what last minute things we can do to maximise tax savings. In the
Super savings and strategies
Author: Karina Heydon Tax deductions for topping up super You can make up to $27,500 in concessional contributions each year assuming your super balance has not
Is ‘downsizing’ worth it?
Author: Shaun Allen From 1 January 2023, those 55 and over can make a ‘downsizer’ contribution to superannuation. Downsizer contributions are an excellent way to get
The ATO’s final position on risky trust distributions
Author: Rohan Toon The ATO has released its final position on how it will apply some integrity rules dealing with trust distributions - changing the goal
What’s the deal with working from home?
Author: Karina Heydon The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the
FBT-free Electric Cars
Author: Shaun Allen The Bill containing the FBT exemption for electric cars passed through Parliament on 28 November 2022 and has passed Royal Assent. Electric vehicles