Division 296 Super Tax Considerations
Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance (TSB) is over $3 million as at 30 June of the relevant income year. This measure is...
Tax Return Mistakes To Avoid
For businesses and individuals around Newcastle, getting your tax return right goes beyond dotting the i’s and crossing the t’s. It’s about making sure your numbers truly reflect your financial year. The most common tax slip-ups can often be avoided with simple checks...
Tax Planning Tips for Newcastle Companies
Tax planning becomes more important as businesses grow. What might have been a simple end-of-year checklist when you first launched can quickly turn into a complicated puzzle full of deadlines, deductions and decisions. For companies in Newcastle experiencing steady...
How TSP Helps Newcastle Businesses with Tax Compliance
As chartered accountants serving Newcastle businesses for over 4 decades, we’ve observed how tax compliance challenges can derail even the most promising ventures. We’ve seen ambitious entrepreneurs lose sleep over ATO notices, and we’ve helped...