December 2018 Newsletter

Going into business with other people can be exciting and can be extremely rewarding. A formal agreement can set the ground rules and stop owners getting caught out if things don’t quite go as well as planned. Compensation for financial wrong-doings, such as has been uncovered by the Royal Commission, may still attract tax. And […]

November 2018 Newsletter

It’s nowhere near the end of the FBT year, but a third quarter check-up can give you the opportunity to clear up any compliance issues. And it’s a perennial question — how much do you need to retire? We look at the latest estimates. Santa’s probably dusting of the sleigh, so why not plan ahead […]

October 2018 Newsletter

Crowdfunding is a relatively modern phenomenon, helped in no small part by the growth of the online world. But with revenue, of any sort, tax is generally something that has to be considered. If you have already lodged your income tax return but then realise you left something out, don’t panic. We can help you […]

September 2018 Newsletter

A recent change to the rules around superannuation means that more Australians may be eligible to claim a tax deduction for putting money into super. There’s a new option in place for self employed Australians to be better able to save for retirement, but another change to the superannuation rules (in the SMSF arena) could […]

Tax Checklists

Please use the below checklists that outline the key documentation and information we require to prepare your year-end accounts. Individual Checklist Business Checklist Superannuation Checklist

August 2018 Newsletter

They say that education comes with a cost, but that ignorance can cost you more. Self education is certainly worthwhile considering, especially as there can be tax breaks for the right sort of training. SMSF trustees are generally family or friends, but that doesn’t mean there won’t be arguments along the way to greater wealth, […]

July 2018 Newsletter

Retired and asset rich but cash poor? The Pension Loan Scheme may help. Some of the topics covered in the July 2018 Newsletter are: Pension Loan Scheme Division 7A Partnership Taxation 2018 Tax Return Tips Tax Deductions for Insurance Premiums Please click here to read more.

Your myGov Account & ATO Correspondence

The ATO are changing the way they communicate and are moving towards using electronic channels as their preferred method of delivery for correspondence. Going to your local Centrelink or Medicare office will soon be a thing of the past.The myGov platform will become the way most Aussies find themselves interacting with a range of government […]

June 2018 Newsletter

It’s not uncommon for taxpayers to be in dispute with the ATO from time to time, and although the Tax Commissioner may seem invincible, this is not always the case. We look at the best approach to better your outcome. At some stage, SMSF trustees will need to get their heads around the proportioning rule, […]