Estate planning considerations

Estate planning is a complex area which requires careful consideration of tax implications.

The Deadliest pandemics in History

Check out the Deadliest pandemics in History

ATO changes will make it harder for over 42,000 small businesses.

The ATO reports that more than 42,000 small businesses fail to work with them in regard
to finalising their tax obligations.

GST, PAYG withholding a ‘significant portion’ of $50bn tax debt

Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO warns.

How to Draft a Standard Form Contract

A standard form contract is a pre-written contract used repeatedly for a particular type of transaction.

ATO to crack down on rental income, WFH deductions this tax time

Taxpayers who “copy and paste” work-related claims each year or try to offset their rental income by inflating deductions will be in the Tax Office’s sights.

2024 Year End Tax Planning Guide (Part 2)

Over May and June we will add two articles to our website to help you plan and take actions before the end of the 2023-24 financial year.  

Compare your business

All too often a small business operates as an ‘island’, not knowing how they are really doing.  These benchmarks allow meaningful comparisons. 

The Shortest-reigning Monarchs in History

Check out the Shortest-reigning Monarchs in History

How much does negative gearing really cost – an overview and an opinion?

Since the government’s announced changes to the Stage 3 tax cuts to give lower income earners more benefits, the chorus of voices advocating for changes to other aspects of the tax system, such as negative gearing, has grown steadily stronger.

Foreign residents selling property in Australia

Foreign resident capital gains withholding (FRCGW) of 12.5% applies for all property sales of $750,000 or more.

Employees taking more sick days – and it’s getting worse

Recent data shows an increase in the average sick leave days to 13.8 per employee per year.