GST on imports - are you optimising your cashflow? 19.11.2019 Looking for opportunities to improve cashflow? If you import goods as part of your business, you don’t have to pay goods and services tax (GST) upfront if you’re registered for the ATO’s deferred GST scheme. Category: News Read More
Super “opt out” choice for high earners 14.11.2019 If you’re a high income-earner with multiple employers, you may be aware of potential traps with compulsory super contributions that can lead to some hefty and unfair penalty taxes. Category: News Read More
SMSFs ATO to check on investment strategy compliance 29.10.2019 Over 17,000 SMSFs that are heavily invested in one asset class will soon receive a “please explain” from the ATO to check whether they can justify their diversification risk. Category: News Read More
Economic Update September 2019 03.09.2019 Your financial well-being and plans for the future can be impacted by various economic events, so below is a video to assist you to stay up to date with the latest indicators. Category: News Read More
Super and bankruptcy - can creditors access my benefits? 03.09.2019 Is your super safe if you become bankrupt? Not if it appears you’ve made super contributions to avoid paying your creditors. Talk to us about long-term asset protection. Category: News Read More
Using prior tax losses after a change in control - ATO guidance 27.08.2019 Planning a share sale or equity capital raising? If your company’s going through a major change in control, the test to access your prior losses has now got easier. Category: News Read More
Capital gains tax and death - it’s not the end of the world 20.08.2019 Think you might inherit a property? And then sell it? Capital gains tax may kick in. Or not. Depends on whether it was "acquired" pre-CGT, plus a stack of other tests. It’s a minefield. We can help. Category: News Read More
Hiring independent contractors - do you need to pay super? 13.08.2019 Some of the contractors you hire may be entitled to compulsory super guarantee contributions, even if they have an ABN. That’s an extra 9.5%. Are you covered? Category: News Read More
Economic Update August 2019 07.08.2019 Your financial well-being and plans for the future can be impacted by various economic events, so below is a video to assist you to stay up to date with the latest indicators. Category: News Read More
Valuing your SMSF’s assets - Know the requirements 06.08.2019 To keep your SMSF’s auditor and the ATO happy, you must record the “market value” of your SMSF’s assets. But how do you prove market value, how often must you value assets and when do you need to hire an expert valuer? Category: News Read More