It’s Not Easy Being Green
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the current state of play…
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It’s Not Easy Being Green
Can I claim my crypto losses?
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only…
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Can I claim my crypto losses?
Trust 2022 – What’s New
THE ATO’s AGGRESSIVE STANCE ON TRUSTS AND TRUST DISTRIBUTIONS The ATO has released a package of new guidance material that directly targets how trusts distribute income. Many family groups will…
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Trust 2022 – What’s New
The family home & Tax!
Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital…
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The family home & Tax!
What changed on 1 July?
A reminder of what changed on 1 July 2022 Business Superannuation guarantee increased to 10.5%$450 super guarantee threshold removed for employees aged 18 and overSmall business GST and PAYG tax…
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What changed on 1 July?
Overcome your customers fear of spending
One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale. So, what can you do to speed up the sales…
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Overcome your customers fear of spending
Areas of ATO Scrutiny 2022 – What’s New
AREAS OF ATO SCRUTINY CRYPTOCURRENCY IN THE HEADLINES The ATO has been very active lately trying to dispel myths about how cryptocurrency is taxed. Determining the tax treatment of cryptocurrency…
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Areas of ATO Scrutiny 2022 – What’s New
Individuals 2022 – What’s New
TAX OFFSETS AND RELIEF FOR LOW AND MIDDLE INCOME EARNERS The Low and Middle Income Tax Offset (LMITO) has increased for the 2021-22 income year. The LMITO provides a tax…
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Individuals 2022 – What’s New
Business 2022 – What’s New
CONTRACTOR OR EMPLOYEE? Many business owners assume that if they hire independent contractors they will not be responsible for PAYG withholding, superannuation guarantee, payroll tax and workers compensation obligations. However,…
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Business 2022 – What’s New
JKR 30 June 2022 Housekeeping
HAVING TROUBLE WITH TAX DEBT If you are having trouble paying your tax liability, please let us know as soon as possible so we can negotiate a deferral or payment…
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JKR 30 June 2022 Housekeeping