News

May 2024

2024/25 Federal Budget Summary

The Treasurer Jim Chalmers announced a package of measures, including energy bill relief and rent assistance to bring down the cost of living and inflation, as the economy is expected to head into Budget deficits from 2024-25.

May 2024

Should you be the ‘bank of Mum & Dad’

The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst.

April 2024

How much is my business worth?

For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart?

March 2024

How to take advantage of the 1 July super cap increase

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

February 2024

Can my SMSF invest in Property Development?

Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees to dream of large returns from property development. We look at the pros, cons, and problems that often occur.

December 2023

Bah Humbug : The Christmas Tax Dilemma

Don’t want to pay tax on Christmas? Here are our top tips to avoid giving the Australian Tax Office a bonus this festive season.

November 2023

Workers owed $3.6bn in super guarantee 

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

October 2023

$20k deduction for ‘electrifying’ your business 

 Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! 

September 2023

The Billion Dollar TikTok Scandal

$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did the TikTok tax scandal get out of control?

August 2023

Why is my tax refund so small?

The tax refund many Australians expect has dramatically reduced. We show you why.

July 2023

The 120% technology and skills ‘boost’ deduction

The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions.