Division 296 Super Tax Considerations

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

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 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

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...
Year-end Tax Planning: Opportunities & Risks

Year-end Tax Planning: Opportunities & Risks

With Year-end Tax Planning on our minds with the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny. Tax Planning Opportunities | Individuals...