March 25, 2020
COVID-19: How to survive financially
We won’t talk about Covid-19 and its impact on society’s health. We aren’t doctors. We will however focus on the potential impacts on the economy, how it could impact you,…
March 24, 2020
FBT Hot Spots
With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position. FBT liabilities can trap unwary…
March 13, 2020
Economic Response to Covid-19 $17.6 Billion Stimulus Package
The Government announced yesterday (12th March) a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus. The yet to be legislated four…
March 12, 2020
Salary Sacrifice Integrity Measures
Source: Australian Unity There has been an important change to the amount of Superannuation Guarantee (SG) contribution an employer is obligated to make on behalf of an employee who salary…
March 11, 2020
Surviving a Crisis: Coronavirus and Beyond
Empty restaurants and retail stores were one of the first signs of the devastating impact the coronavirus on Australian businesses. Within a few months, the virus, now called COVID-19, has…
March 4, 2020
Make sure you’re sticking to your New Years finance resolutions – it’s okay to cheat sometimes…
In our last blog, we spoke about setting financial goals and the planning that goes into achieving them. To further help you with your 2020 goals, we thought it would…
February 27, 2020
Alerts to Protect SMSFs from Fraud
A new system alerting SMSF trustees of changes made to their SMSF will roll out this month. The ATO will alert trustees by text and/or email when changes are made…
February 26, 2020
Directors, be aware as GST is now a personal liability
An update has been provided to company directors as regards to personal liability for GST. Last year the Federal Government re-introduced legislation to parliament on the 5th of July 2019,…
February 24, 2020
ATO Targets ‘Lifestyle’ Assets
The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts. The review, expected to impact 350,000 taxpayers, reaches from…
