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....
Jun 3, 2022 | Superannuation, Taxation
Although your tax return is not due just yet, the end of the financial year is nearing…have you captured all your work-related deductible expenses to make the most of your 2022 tax return? Income The Australian Taxation Office (ATO) automatically receives information...
Apr 19, 2022 | retirement, Self Managed Super Funds, Small Business, Superannuation
This month, our Director, Deidre Molloy was featured in the April edition of Hunter Business Review presenting the information in the attached article. Download the April edition to read the full article on the HBR site here or read below! TSP Accountants Newcastle...
Apr 8, 2022 | COVID-19, Employers, Federal Budget 2022, Self Managed Super Funds, Single Touch Payroll, Small Business, Superannuation, Taxation
The Morrison Government’s 2022 Federal Budget was handed down on 29 March 2022 by Treasurer, Josh Freydenberg. Unemployment is down at its lowest in almost 50 years however inflation is on the rise due to factors such as the Pandemic and the war on the Ukraine,...
Feb 25, 2022 | Federal Budget 2021, Superannuation
From the Tax & Super Australia Newsroom Several superannuation proposals announced in the 2021 Federal Budget were introduced into Parliament in the Treasury Laws Amendment (Enhancing Superannuation Outcomes for Australians and Helping Australian Businesses...
Nov 26, 2021 | Employers, Superannuation
If you are recruiting new employees you need to know about some changes. When a business hires a new employee, the Choice of Fund form is used to identify where the employee wants their superannuation to be directed. If the employee does not identify a fund, generally...
