Downsizing contributions into superannuation
From 1 January 2023 downsizer contributions are now available to individuals aged 55 years and over. This means eligible individuals can contribute up to…
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…
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…
Queensland Labor Government Expresses Commitment to the Climate
Currently doing business or have a major contract with the Queensland Labor Government, if yes, then read on… As a firm, we look forward…
Taking the Cryptic out of Crypto this Tax time
The Australian Taxation Office (ATO) wants taxpayers with crypto assets to make sure they know their obligations so they can lodge right the first…
Small Business and Individuals ATO updates
ATO’s small business focus for 2022 income year The ATO announced that it will be focusing on the following matters for small business tax…
ATO SMSF Updates
Super guarantee contribution due date for June 2022 quarter The due date for employers to make super guarantee contributions for their employees for the…
Financial Reporting Presentation 2022
On 5 July 2022, Wali Aziz (Partner and Head of Audit & Climate Change) and Edward Chow (Principal of Audit & Assurance) presented the…