

May 18, 2022
Fuel tax credit changes
The Government have temporarily halved the excise and excise equivalent customs duty rates for petrol, diesel and all other petroleum-based products (except aviation fuels) for 6 months from 30 March…

March 30, 2022
Australian Federal Budget 2022-2023 in review
The 2022-23 Federal Budget was announced by Federal Treasurer, Mr Josh Frydenberg, on 29th March 2022. Key Announcements: A $78 billion underlying cash deficit forecast for 2022-23, $20.9 billion better…

March 21, 2022
Are Your Contractors Really Employees?
Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume…

March 21, 2022
Immediate Deductions Extended
Temporary full expensing enables your business to fully expense the cost of: new depreciable assetsimprovements to existing eligible assets, andsecond hand assets in the first year of use. Introduced in…

December 17, 2021
The gift of giving this Christmas
Christmas is a time when we come together to celebrate with our family and friends. And, for those who haven’t been able to see friends and family due to border…

December 17, 2021
The top Christmas tax questions
Staff gifts The key to Christmas presents for your team is to keep the gift spontaneous, ad hoc, and from a tax perspective, below $300 per person. $300 is the…

October 22, 2021
What happens to your superannuation when you die?
Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your…

June 16, 2021
The financial rewards of optimism
If it wasn’t already clear, the past 12 months certainly cemented the fact that life has a habit of throwing us the occasional curveball. The reality is we all face…

June 16, 2021
Am I taxed on an insurance payout?
Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people…