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Key changes to 2023 individual tax returns
With end of financial year fast approaching there a few changes to be aware of when preparing your 2023 individual tax returns. Removal of…
Change to Super Guarantee Rate from 1 July 2023
A key requirement of Australian employers includes having to pay superannuation contributions at a given percentage rate of an employee’s ordinary time earnings. This…
Interest rate continues to lift for the 12th time over the past year
Interest rate has hiked for 12 times over the past year. The RBA has voted to raise interest rates at its June meeting, taking…
Benefits of using the logbook method
If you use your car for a mix of work and personal purposes, or provide your employees with a passenger vehicle, you may be…
How Coffee Can Impact Your Sleep & Productivity
Coffee is now the second most traded commodity on the planet after oil. Most people can’t imagine starting a day without coffee and it…
Changes to paid parental leave from 1 July 2023
The Government has committed $346.1 million over 5 years to an ‘Enhanced Paid Parental Leave’ scheme that combines currently separate payments for principal carers…
2023-24 Federal Budget
The Federal Treasurer, Dr Jim Chalmers, handed down the government’s 2023-24 Federal Budget at 7:30 pm (AEST) on 9 May 2023. The Budget forecasts…
Help! How much will my HELP debt increase this year?
While student loans – often referred to as Higher Education Loan Program (HELP) debts – previously Higher Education Contribution Scheme (HECS) – are interest…
Registering GST in New Zealand
If you are an Australian business considering expanding into New Zealand, it is important to understand the local tax system. One key element is…
Autumn Anzac Biscuit – Apple Crumble
Anzac Day serves as a day of remembrance for the Australian and New Zealand Army Corps that have been killed in military operations. On…