End of financial year tax tips

June 1, 2023

July 1st is fast approaching, and we all know what that means. Yes, it’s tax time. Unfortunately, filing taxes can be a laborious, frustrating, time-consuming, and somewhat overwhelming process for some of us. However, for others, filing their...[Read More]

Super health check

May 17, 2023

Use this checklist to review the health of your super in 5 easy steps. Why you should review your super Your super is one of the biggest assets you’ll accumulate in your lifetime. However, many Australians think they don’t need to worry about...[Read More]

Super tax tweak to slug top 10pct, Treasury docs reveal

April 26, 2023

A 20-year-old earning an average wage – about $90,000 a year in today’s terms – is expected to be captured under federal government changes to superannuation tax concessions, but only by the time they reach their early sixties. New Treasury...[Read More]

Why is it important to discuss inheritance planning with your family

February 4, 2023

While most people write wills, very few families discuss inheritance. Parents avoid discussing inheritance planning with their children due to the subject’s sensitivity. However, avoiding the conversation does more harm than good. For example,...[Read More]

Top 5 advantages of home ownership

December 29, 2022

Your decision to purchase a new house is a significant life event, and the thought of becoming a homeowner might be a little intimidating. However, homeownership brings with it several advantages, including the freedom to design your home as you...[Read More]

Wills and Estates

December 8, 2022

The significance of choosing the appropriate structure to make the protection and maintenance of your assets possible cannot be overstated. This is necessary regardless of whether you have acquired your fortune on your own or through inheritance. In...[Read More]

Seven tax planning strategies for small business

October 19, 2022

Tried-and-Tested Tax Planning Strategies for Small Businesses Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. With a small...[Read More]

3 tips to grow your superannuation

September 29, 2022

Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses you’ve been planning and have put...[Read More]

The importance of Single-Touch Payroll

September 15, 2022

Do you know what single-touch payroll (STP) is? Most likely, you’ve encountered the term, especially if you own a small business in Australia where STP is mandatory. This requirement applies even to companies employing just a single staff member...[Read More]

4 Essential considerations before buying a rental property

August 25, 2022

You can take a step toward building your wealth seriously by buying a rental property whenever you’re ready with the funds. If you commit to this now, you can benefit from passive income for many years as your investment generates consistent...[Read More]

How cloud accounting can help make your business better and more efficient

August 18, 2022

Does your company still use desktop software or spreadsheets for accounting tasks? If so, then it could be time to upgrade to a cloud-based accounting system. In comparison to on-premises solutions, cloud accounting for small businesses offers...[Read More]

ATO reveals nation’s highest earning areas

August 11, 2022

Residents from the Perth suburbs of Cottesloe and Peppermint Grove have been revealed to have the highest average income in the nation, according to new tax figures. Data from the Australian Taxation Office has shown residents from the 6011 postcode...[Read More]

Work out if you have to pay super

August 4, 2022

How to work out when employers need to pay super guarantee and which employees are eligible.   What super payment is required If you pay a worker, you are also required to pay super guarantee. You need to pay it to an eligible...[Read More]

4 Reasons to Hire a Bookkeeper

July 28, 2022

 Did you ever hire a bookkeeper to help you keep track of your expenses and tax obligations? If not, find out why now may be the best time to do so. Bookkeeping is an essential component of any organisation. To focus on other tasks, such as...[Read More]

Super changes that could affect you from 1 July 2022, your EOFY checklist

June 6, 2022

Essential Superannuation EOFY Tips This 2022 The week leading up to 30 June is an excellent time to take advantage of any tax benefits that may be available within superannuation. There are certain contributions you can focus on to lower your...[Read More]