Effective from 1st July 2021, the ATO outlined their new proposed compliance approach to the allocation of profits for professional firms and medical practitioners. The ATO has always had concerns about arrangements…
Read moreIf you haven’t already heard the news, Directors now have a new piece of administration they need to take care of as of the 1st November; the application for the Director Identification…
Read moreIn June 2021, the measures to extend the bring-forward age up to 67 and the bill to increase the number of members allowed in an SMSF were passed by both houses of…
Read moreRound 8 of the Ignite Ideas Fund is opening on July 1st 2021! Two tiers of funding are available, tier one provides grants of up to $100,000 for projects of up…
Read moreUnder recent changes to the Fair Work Act, workplace entitlements and obligations for casual employees have altered effective from 27th March 2021. Employers now need to give all new casual employees a Casual Employment Information Statement (CEIS). Small business employers need to give their casual employees who were employed before 27th March 2021 a copy of the CEIS as soon as possible. All other employers have to give their existing causal employees a copy of this document as of the 27th September 2021.
Read moreBefore the end of the year closes, we wanted to provide you with 3 tax saving strategies we would encourage you to consider and speak to your accountant about before it is…
Read moreDo you want to buy your first home and save on tax at the same time? If yes, then you need to keep reading about the First Home Super Saver Scheme (FHSSS)…
Read moreDid you know you can access a large amount of your government information via MyGov? When setting your MyGov account you will need identity documents so make sure you check what you need…
Read moreWith crypto currencies back in the mainstream news, everyone seems to be an expert, so what do you need to know before getting involved in this latest wave of hype? If you are after an explanation of what Bitcoin is, how the ‘blockchain’ works, or why any of this is worth anything, then you’ve come to the wrong place… but if you are looking for a basic understanding of the tax repercussions from buying, selling or HODLing (Hold On for Dear Life) cryptocurrencies then strap yourself in!
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