December Update
December Update

December Update

The December Update covers the following topics: Black Friday and Cyber Monday sale concepts hit Australia - the history, implications and impact. Plus, the 5 things that will make or break your client's business. And, how the new super guarantee opt out works, and...

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November Update 2019
November Update 2019

November Update 2019

The vacant land deduction changes that will hit Mum & Dad property developers, the Government's move to push through plan to deny non-residents the main residence exemption, the changes to how SG is calculated for certain employees, can the ATO take...

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October Update 2019
October Update 2019

October Update 2019

The October Update covers the following topics: 1 SUPER GUARANTEE AMNESTY RESURRECTEDWhen does the amnesty apply?Qualifying for the amnestyWhat do employers pay under the amnesty?What happens if you do not take advantage of the amnesty?            Where...

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September Update 2019
September Update 2019

September Update 2019

The September Update covers the following topics:How your money is being trackedWhat you need to declare in your tax returnDo I need to declare money from family overseas?I have overseas assets that I have not declaredHow to repatriate income or...

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August Update 2019
August Update 2019

August Update 2019

The recent income tax cuts that passed through Parliament do not mean everyone automatically gets $1,080 back from the Government as soon as they lodge their income tax return. The Australian Taxation Office (ATO) has been inundated with calls from taxpayers...

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JULY TAX UPDATE 2019
JULY TAX UPDATE 2019

JULY TAX UPDATE 2019

From 1 July 2019, new laws prevent superannuation funds from eroding member balances with unwanted or unnecessary insurance and exit fees. Plus, inactive accounts with low balances will be moved to the ATO to try and unite the unclaimed super with its...

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June Tax Update 2019
June Tax Update 2019

June Tax Update 2019

A consistent theme this tax time is overclaiming and under reporting. With the Australian Taxation Office (ATO) getting more and more sophisticated in its data matching approaches, taxpayers can expect greater scrutiny where their claims are more than...

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Happy New Year
Happy New Year

Happy New Year

To Our Clients: Happy New Year! I hope that you have enjoyed a safe and relaxing holiday with your loved ones. I want to take this opportunity to send a sincere thank you.2018 has been filled with incredible opportunities and new beginnings, and I have...

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SMSFs are big business

SMSFs are big business

With around 600,000 Australians managing super totalling almost $700 billion, self managed super funds offer a fantastic opportunity for accountants to add further value to their clients portfolios. We recently sat down with Distinctive Finance to...

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