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


Can I claim my crypto losses?

28th September 2022|Accounting, Taxation|

The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that

How to sell your business

28th September 2022|Accounting, Advisory, Taxation|

We’re often asked the best way to sell a business. There are two key components at play in the sale of a business:

Tax and the Family Home

28th September 2022|Accounting, Taxation|

Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence

Spend $100 and get a $120 tax deduction

23rd June 2022|News|

It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will

Where are you making mistakes in your tax?

23rd June 2022|Accounting, Taxation|

The ATO has flagged four priority areas this tax season where people are making mistakes. With tax season almost upon us the Australian

What tax changes are taking effect on 1 July 2022?

23rd June 2022|Accounting, News, Taxation|

A series of reforms and changes will commence on 1 July 2022. Here’s what is coming up: For business Superannuation guarantee increase to

The new Lifetime Director IDs

8th May 2022|Advisory, News|

Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number

Are your contractors really employees?

8th May 2022|Accounting, Advisory, News, Taxation|

Landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and

6 member SMSFs – The issues and opportunities

8th May 2022|Accounting, News, Superannuation|

From 1 July 2021, the maximum number of members a Self Managed Super Fund can have increased from four to six. Why would

Could your potential insurance payout be taxed?

7th December 2021|Accounting, Advisory, News, Taxation|

Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up

What are the tax implications of investing in blockchain and NFTs?

7th December 2021|Accounting, News, Taxation|

In early November, the Commonwealth Bank announced that it is now Australia’s first bank to offer customers the ability to buy, sell and