Electric vehicles causing FBT sparks
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
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
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
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