Budget breakdown – Federal Government Analysis

The 2024 Federal Budget is broken down into these five PDFs. Click on each to read more.

Medicare levy surcharge OR basic health insurance ?

Do the sums for your circumstances

2024 Year End Tax Planning Guide (Part 1)

In May and June, we will add two articles to our website that help you plan and take action before the end of the 2023-24 financial year.  Both Part 1 and 2 will cover the following, though Part I focuses on key strategies to manage your tax bill.  All are worth dedicating time to review and think about how your business can organize your affairs in these ways.

Oldest Buildings in the World.

Check out the oldest Buildings in the World.

‘Renewed concerns’ about economy sees consumer sentiment dip: Westpac

Consumers remain deeply pessimistic about the near-term outlook for the economy despite signs of improvement last month, says the major bank.

A comprehensive list of guides to industry specific tax deductions.

The following is a list the ATO has compiled that is tailored to occupations and industries.

Underperforming employees: When can you terminate?

Terminating an underperforming employee requires caution. Employers must follow fair procedures to avoid legal issues such as unfair dismissal claims.

The 2025 Financial Year tax & super changes you need to know!

The new financial year is fast approaching and so are a number of changes to superannuation contribution amounts and the individual tax rates. These changes are outlined below, as is some information on how you may be able to work with these changes when managing your tax affairs during 2024-25.

 

Small business benchmarks

The ATO has developed quite a number of benchmarks to help small businesses develop an idea of their performance compared to similar businesses in the same industry.

ATO’s debts on hold campaign prompts new IGTO guidance

New guidance has been released on best practice principles for debt notifications in response to the re-activation of old debts by the ATO.

Illegal access nets $637 million

The ATO has found $637 million of superannuation savings has left the system due to illegal early access carried out through SMSFs.

Countries producing the most solar power by gigawatt hours

Check out the countries that produce the most solar power.