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...
May 18, 2023 | Social Media Influencers
The explosion of OnlyFans, Instagrammers, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has given notice to the booming industry. Back in October 2022, OnlyFans CEO...
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 14, 2023 | Self Managed Super Funds, Superannuation
The role of an approved SMSF auditor is an important one. SMSF Trustees are required to appoint anapproved SMSF auditor to audit their Fund each year. What does the audit involve? The approved SMSF auditor is required to audit, not only the financial statements of the...
Mar 1, 2023 | 2023, Deductions
Taxpayers claiming deductions on holiday homes are in the ATO’s sights. The ATO is more than a little concerned that people with holiday homes are claiming more deductions than they should and have published the starting questions they will be asking to scrutinise...
