WHAT ARE THE KEY CHANGES? From 1 July 2022, the ATO has explained that taxpayers who are working from home can claim deductions based on their actual expenses, or they…
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the current state of play…
Over $34.4bn has been released from Australian Superannuation Funds under the COVID-19 early release scheme, the Australian Prudential Regulation Authority revealed. The figures, which do not include self-managed super funds,…
Understanding tax depreciation lingo can sometimes be confusing but as an investor, it’s important that you have a good understanding of the depreciation deductions you can claim to ensure you’re…
Figures from the Australian Prudential Regulation Authority show that over $30 billion has been taken from superannuation to date under hardship provisions. If you are an Australian citizen or permanent…
Tax Planning Guide The tax rates for the 2019/2020 Income Year are as follows: Resident Individuals Income threshold Tax Rates $0 – $18,200 Nil $18,201 – $37,000 19% $37,001 –…
Tax Planning Guide Imagine what you could do with tax saved? • Reduce your home loan • Top up your super • Have a holiday • Deposit for an Investment…
Please check the following and bring along payment summaries, statements, accounts, receipts, etc, to help us to prepare your return: Income PAYG Payment Summaries for salary and wages Foreign Source…
This is a general list of what to have ready when we next meet with you (note your accounting system may cover a number of items listed below): Access to…