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


Electric vehicles causing FBT sparks

28th March 2024|News|

Author: Karina Heydon The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention around the

How to take advantage of the 1 July super cap increase

28th March 2024|News|

Author: Shaun Allen From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change.

Revised stage 3 tax cuts confirmed for 1 July 2024

28th March 2024|News|

Author: James Sanguanchati The revised stage 3 tax cuts have passed Parliament and will come into effect on 1 July 2024. This will mean that more

Workers owed $3.6bn in super guarantee

18th December 2023|News|

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?

18th December 2023|News|

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

18th December 2023|News|

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

20th September 2023|News|

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

20th September 2023|News|

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

20th September 2023|News|

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

21st June 2023|Accounting, News, Taxation|

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

21st June 2023|Accounting, News, Taxation|

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?

21st June 2023|Accounting, Advisory|

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