Working from Home, what do I need to know for 2023 and onward? The Australian Taxation Office (ATO) has long accepted that some taxpayers do work from home. Since 2001 approved hourly...
Paid Family and Domestic Violence Leave – New Entitlement Rules
Wednesday January 18 2023
Employees have had an entitlement to unpaid family and domestic violence leave (FDVL) for some time as part of the National Employment Standards (NES). As of 1 February 2023, for larger employers,...
Superannuation opportunities for clients thinking about retirement
Tuesday October 18 2022
Background The contribution changes proposed in the May 2021 Federal Budget and legislated in February 2022 are by far the biggest changes since the 1 July 2017 superannuation reform. Unlike most...
Buying or Selling a Business
Saturday October 08 2022
Have you ever considered selling your business? Or buying a business? Wondered how to go about it and how to maximise the value? There are two key components in the sale of a...
120% Training and Technology Boost.
Monday September 12 2022
The 120% deduction for skills training and technology costs may be here after all! The New Government has reinvigorated the 120% skills training and technology costs deduction for small and medium...
.au Domain names are here. Register yours now!
Monday September 12 2022
Register your .au domain! The .au domain is the new, general purpose, shorter Australian domain name option. If you have an existing domain, you have until 11:59 pm (UTC) on 20 September 2022 (9:59am...
Business Advantages for Electric Vehicles
Tuesday September 06 2022
FBT-free Electric Cars New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. Electric vehicles (EV)...
Tax and the Family Home
Friday August 26 2022
Tax & the Family Home We all know you don’t pay tax on your family home when you sell it…or do you? We take a closer look at the main residence exemption that excludes your home from capital...
Cryptocurrency - How does tax apply?
Tuesday August 16 2022
Cryptocurrency If you dispose of an asset - you will need to calculate the capital gain or loss and record this in your tax return. But what is an asset - property, shares, crypto or NFTs,...
Rental Properties in the Spotlight
Monday July 18 2022
Rental Properties in the Spotlight In 2022 the ATO will focus on ensuring that all rental income received is included in taxable income. This includes long and short-term rental, rental...