Regulations have changed for buy now pay later services
If you’re one of the millions of Australians who use buy now pay later (BNPL) services, important changes are now in effect that will give you …
If you’re one of the millions of Australians who use buy now pay later (BNPL) services, important changes are now in effect that will give you …
If retirement is on the horizon and you have a large amount of accrued leave, you may well be contemplating whether to take a big holiday now, or just …
In the wake of recent cyber-attacks on several large Australian super funds, you might be wondering how to protect your retirement savings. The past …
The way superannuation is paid may be about to undergo a significant transformation. The Labor government’s proposed “payday super” reforms would …
Music can be a powerful tool in creating the right atmosphere for your business. However, it’s important to understand that most music is legally …
Are you worried about rumours claiming your super preservation age will change from 1 June 2025? Take a deep breath – the ATO has confirmed these …
If someone close to you dies and you’re the one responsible for taking over their tax affairs, there are a number of steps you need to take to advise …
As a parent or guardian, it’s essential to understand how tax applies to your child’s money. If your child has a savings account or receives other …
In today’s sharing economy, platforms like Airbnb have made it easier than ever to earn extra income by renting out a spare room or your entire …
To be eligible to claim working from home (WFH) expenses, you need to be genuinely working from home to fulfil your employment duties, not just …
You may be starting out in business and trying to decide whether to become a sole trader or to set up a company. Alternatively, you may already be an …
If you’ve thought about upskilling or undertaking professional development this year, you may be able to claim some of your self-education expenses in …
Announced as part of the 2024–2025 Budget, and now legislated, the $20,000 instant asset write-off limit has been extended for a further 12 months …
The December 2024 Consumer Price Index (CPI) number has been released, confirming that the superannuation general transfer balance cap will increase …
Check off everything you need for your tax return EOFY is a crucial time for businesses – and a busy one. Not only do you need to carry out the usual …
Choosing the right investment option for your superannuation is important for your retirement savings. It’s essential to understand the different …
As a small business owner, you know how important it is to get your GST right. If you’ve realised you’ve incorrectly charged GST on a sale, don’t …
Hoping to claim tax deductions on your vacant land? You need to meet a number of strict conditions to claim for costs such as interest payments on …
For legacy lifetime, life expectancy and market-linked superannuation income stream products that generally commenced prior to 20 September 2007, …
Australia’s super system plays a vital role in ensuring financial security for individuals in retirement. However, how superannuation is taxed can …
The ATO-led Serious Financial Crime Taskforce (SFCT) has issued a warning to businesses against trying to cheat the tax and super system by committing …
As digital payments become increasingly prevalent, the Federal Government has announced it’s taking significant steps to modernise the nation’s …
Facing a tax bill is a common challenge for many Australian businesses, and the ATO has recently shifted to a more active approach to debt recovery. …
Superannuation is designed to provide for your retirement, but there are limited circumstances where you can access your super early on compassionate …
If you’re thinking of making a permanent move between New Zealand and Australia, what do you do about your superannuation fund or KiwiSaver scheme? …
As retirement approaches, couples often discover a significant imbalance in their superannuation accounts. This disparity can become crucial when …
In March 2024, the government announced its intention to commence paying superannuation on government paid parental leave (PPL) payments from 1 July …
Navigating the Australian tax system can be challenging, especially when it comes to understanding the Medicare levy and the Medicare levy surcharge. …
If you’ve spotted what looks like an amazing investment opportunity from Bunnings recently, beware! The Australian Securities and Investments …
If you’re one of the millions of Australians with a Higher Education Loan Program (HELP) debt, you might be wondering how the government’s …