Mar 25, 2024 | Self Managed Super Funds, Small Business, Superannuation
A major update to the SBSCH means perfect alignment between employees’ super details and those recorded by the ATO will be critical, says the SMSF Association. The SMSF Association has emphasized the significance of ensuring that employees’ superannuation...
Sep 22, 2023 | 2023, Small Business, Taxation
Are you looking to purchase assets for your business? Eligible businesses can spend up to $20k per asset and immediately claim the tax deduction and GST. Talk to us about the best strategy for purchasing business assets. If your business is eligible, it may benefit...
Jul 5, 2023 | 2023, Deductions, Employers, retirement, Small Business, Superannuation, Working From Home
Recent proposed changes commenced from the 1st July this year, heralding in the new Financial Year. It’s a very mixed bag of alterations which some will be happy about and some may not. Check them out below in our featured article. If you need help with...
Jun 6, 2023 | 2023, Small Business, Taxation
As the current financial year draws to a close, it is time for businesses to consider thevarious tax planning options and strategies available to them. Below are examples of tax saving strategies available to small businesses: Temporary full expensing Temporary full...
May 15, 2023 | Budget 23/24, Self Managed Super Funds, Small Business, Superannuation, Taxation
What will impact you in the new budget? The Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. This budget and the measures within it are designed to reduce the cost of living. The Budget also includes $3 billion to relieve energy bills,...
Apr 28, 2023 | Small Business, Taxation
As the end of the financial year approaches, it’s essential to start thinking about tax planning strategies to minimise your tax burden and maximise your savings. By taking proactive steps to manage your taxes, you can keep more of your hard-earned money and...
