Mar 1, 2023 | 2023, Small Business, Taxation, Working From Home
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to...
Feb 9, 2023 | 2023, Capital Gains Tax, retirement, Superannuation
From 1 January 2023, those 55 and over can make a ‘downsizer’ contribution to superannuation. Downsizer contributions are an excellent way to get money into superannuation quickly. And now that the age limit has reduced to 55 from 60, more people have an opportunity...
Oct 28, 2022 | 2023, Federal Budget, Self Managed Super Funds, Superannuation, Taxation
Taxation Measures The Budget does not contain major tax changes. It does seek to begin some “Budget repair work” via tax integrity measures particularly in international tax matters and in relation to debt funding by foreign controlled entities....